S&P MonthlyBearish pattern continues from the January highs, and expectation that the double monthly low in the first quarter will play out @ 1015-19 in February.
Around those levels are my robust support levels for the first Quarter in 2010.
The 2nd Quarter is a different matter, as each 3-month cycle needs to be viewed on it's own merit.
Weekly TimeframeBased on the Weekly timeframe it might take 2-3 weeks until that occurs...
With the short-term 2-day counter-trend moves along the way.
Whilst below 1087, I can't have any other view than the trend is heading down towards 1015.
