![](http://photos1.blogger.com/blogger/3426/1040/400/082405%20S%26P%20boxes.jpg)
During the last hour the September S&P futures broke decisively below what I thought would be support at 1217. This means that the market is headed for the 1/2 point of its current box near 1202. The advancing issues divergences which I discussed yesterday are still intact and I still believe that the next big move from here will be upwards.
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