Take a look at the chart and see if you don’t feel the weight of the nascent correction as well as the magnetic pull of the indicated midpoint support at 1098.75.  The picture could change with a rally above the existing point ‘C’, but for now, I’m banking on a correction down to at least 1098.75.  That would be equivalent to more than 300 Dow points, so we should look for low-risk opportunities to surf the trend early in its development.  Specifically, I’d suggest focusing on the 3-minute chart, using bearish impulse legs that follow uptrending failures to reach their targets. ______ UPDATE (11:54 a.m. EDT):  The futures have indeed plunged, tallying losses so far this morning that are equal to a little more than half of what had been predicted.  The 1098.75 midpoint support remains valid and should be viewed as a good place to attempt some aggressive, tightly stopped buying.  Shorts from last night’s highs should be scaled in with the 1098.75 objective in mind.