S&P 500 - A minor bottom should be close

The thrust down from the triangle has worked well and my long standing target in the 1,050 - 1,051 area is hit and broken slightly. Ideally we should see a minor correction to the 1,054-1,055 area followed by one last minor decline to just below 1,043. Strong support at 1,041 should hold for a rally back to 1,100 area, from where the next strong decline should begin.

A clear break below support at 1,041 will cause a review of the count and call for a much more bearish count.