Looks like SPX (S & P 500, http://bit.ly/i0nsT) might hit (or did hit shortly after the open) a near term bottom today 5-21-10. Extreme volatility, volume, and an inverse Elliott Wave 12345 down up down up down pattern since 4-26-10 point to an imminent Monthly Cycle Low (probably a Wave 1 down move, if SPX's Major Upcycle since 3-6-09 peaked at 1219.80 on 4-26-10), see http://bit.ly/i0nsT.
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