Finally got confirmation. The declining volume and failure to breach 994.6 were early indicators, but we dropped to 967 now, on volume.
I expect the $909 low to be the bottom of this shortest-term wave, at the lowest.
I will be quick to take profits here, as the upswing should be violent.
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This continues to develop and is being covered live here:
http://www.youtube.com/user/russeljc79/live
I exited this position at 970 for a >2% gain.