here is a chart from Mike Breaux's website      http://spwavetrade.blogspot.com/
The 21,34 emas have crossed bullish so the mechanical trade is to look for a pullback to buy.However the speculation is that we may have a similar situation to 2007 (Mikes red box) .Worth keeping an eye on price action wrt these ema's over the next few days.

 

here is my chart with a possible channel and 5 dema added.We need to break the 5 dema as initial sign at least that a turn may be starting.Friday's candle was a doji,which often marks a top.Elliott wave people are mostly calling for one more push to around 1306