More Downside?

After the Bell the Bears kept pounding forcing Futures as low as 1073, currently they are at 1079.75.

EWT- The C wave rally has ended.. wave 3 is on.  Trader Psychology is the shift into 3rd gear.. ending diagonal was the bearish sign. Expecting powerful decline to take place 87' style to below July's low, do not overtrade this first move down, we are in a smaller degree. Silv and gld to start lower.

$SPX we are looking for 1070,1055, and 1040 is what I have at the current moment.. $SPX ended the day at 1089.47  I did not have a chance to add on.. I was really looking for a larger retracement today, and EW, is saying it looks like we may not get that yet.. so OK, I am just playing catch up. Good luck tomorrow, and Thanks R, RK. >L