the market and most charts are at key resistance levels. Question is do we still see a 10 percent correction or will the market avoid that. Tough call to make. If I had to guess I would say more downside but I am prepared to adjust my position for more upside as well. Covered some Puts with a short at 12.60 but if it can resume an uptrend so those Puts expire worthless as originally planned then I would happy to close the short. That said, if you are not in the market now is not the time to get in until this correction / no correction is decided by the market.