I love charts but do the best I can to place them in economic/financial context and balance risk with rewards taking into account momentum. While we are likely to see volatility along the lines described, its hard for me to see a major correction when the yen is falling, the yuan generally stable and oil is increasing. Further the Fed is meeting Tuesday and will announce any rate decisions on Wednesday at 2:00 PM. I expect no surprises. Thursday, however, could surprise as the Commerce Department will release its first estimate for growth in 1Q2016 with most expecting anemic annualized growth of .5%. I don't know what is priced into the market, but I suspect anything negative would kill the markets. Hope this helps.