Just a short update of the "2007-fractal"...
I added dates in the charts. I think it's now a bit easier to understand.. : )
Just compare the following chart with a chart from mid January 2010 to today and you should see the similarities.
In 2007 we got a 50-point-decline over three days, so I expect the same today - a decline to 1170 until the end of the week.