S&P;500 UPDATE

$S&P;500; has almost tested the JUNE lows! Matter of TIME, it will break it and go much lower! I have long pending target objective of 3,260! But for very short term, this fall have to take a pause!
On 21st,SEPTEMBER just before the FOMC meeting I explained the (PRICE and TIME) structure of S&P;500 in detail! Even during the August rally, I kept alerting investors that this is just a counter trend bounce!it will fizzle out, and eventually it fizzled out!
We are back to JUNE lows from august highs! Here PRICES should cool down. Should consolidate, even give a pullback towards 3,850 before further lows! Not to read much in rallies! They are natural will come and go!