This correction will end when the Short Index Funds (CIT) begin exiting their positions. This will cause a sharp buying and begin a new leg up. Right now the Short CIT have scaled up a large position and since the Long CIT traders know this, they will wait until the shorts get their fill. This should cause the market to decline now against the longs positions, but the lower prices will eventually make them more money when the market resumes the up-trend.
If the Stock Market Crashes, this could see the longs get a bit defensive, so you watch the stock indexes for signs of a mass exodus. Everything is tied together, Funds in Stocks and Funds in the Commodities. The index funds are the key to the whole Financial citation!
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