The pullback continued today. The SPX found support at the 2010 high (Dec 29th.. : )) and the 62 % retracement:
Hard to tell whether wave (v) is extending (i.e. today's low = ii of (v)) or yesterday was the top.
If you have a look at the ES it looks more like an a-b-c since yesterday's high, so wave (v) is probably extending and 1290-1300 is coming.
Important support remains at 1254.