HEADER - This is next move as it stands.
SUMMARY - This just keeps going south harder and harder. No slowing down means 1845 some time in 24 hours.
DETAILS - That's all I have. I dont know what that means overall. I do know that 2-way extreme vol is a sure thing for the next 15 trading days. So be extremely careful and don't be married to a position. In this environment, you can have a 100 points move up off 1840, only to sell down again 200 pts and swing back up 300 pts. See 2008 liquidity crisis chart for an idea of what you are facing.