SPY dejavu 2011, and lets all hope it isn't really 2008 or worse

This is a wide shot of where I think we are in all this. Oil has preceeding the event, or causing it, or an indicator, or all 3. will post a close in shot after this so you can see what I mean in more detail. Timing a correction or crash is of course the most difficult thing to do of all, but it is what it is IMO.