I've been in Dubai over the holiday weekend and this morning I was taking this photograph from the observation deck on the 124th Floor of the Burj Khalifa (Khalifa Tower), which is the world's tallest building. There was quite a view and this was my favorite photo in part because the sun was behind and you can see the shadow of the tower cast over the comparatively tiny structures below:
SPX too is looking a bit toppy this morning and the late plunge on Friday has me expecting that we will see more weakness this week. The areas that I will be watching today are the possible H&S neckline at 1800 and rising support from 1746, currently at 1797. Until the latter is broken I am expecting to see retracement this week but won't be taking it for granted. SPX 60min chart:
I'm flying back tomorrow and normal service will resume on Wednesday morning.

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