Swing Trading Strategies & Stock Picks Since 2003

In this morning's guesstimate I said that support in the S&P stood at 975.  However the market has since put in a lower top near the 1000 level and this makes me suspect that the entire move upward from 825 to 1008 in the e-minis is being corrected. I think the market will establish a higher low in the 930-40 zone during the next day or two and then resume its rally to 1080.