I draw support and resistance lines weekly on the various time frames, just to give myself an idea of where things might change direction. Currently I am nervous about whether 187 will hold or not. The volume on the daily makes be believe we will bounce, but there are a lot of retirees out there that do not want to lose a large chunk of their retirement if it breaks through 187, 182 and then down to 174. I'm staying conservative in this overall downward trend. Sell 1 vertical Put spread then sell 2 vertical call spreads depending on where I see resistance or support. Good luck, I hope not to get any really bad news this weekend.