Uncertainty, once again

Friday's session has put under the test my opinion about the structure of current decline. Today should be critical. Will we slow down and roll over under the red line or will we go higher, until the really important resistance of 1104 (for SPX). I'll be watching the leaders (techs), once again.

For the moment, I'm sticking with the previous count. However the target of this 3d wave may be much lower than 1000 for SPX and 2000 for Nasdaq.