Here are hourly charts of the September S&P e-mini futures, the Spiders, and the QQQQ's. I last commented on these charts here.
The futures didn't hold support at 1530 so I now think the market is headed back down to the low of its trading range near 1490. This would bring the Spiders down to 147.50 or so and the Q's to 47.75.
After these lows are established I think we shall see a rally to new bull market highs.