... the S & P 500 is falling away from average growth at about -89 mills per trading day and accelerating -2.7 mills per trading day².

The current average short fall, based on long term waves 1 and 2, is at -297.25 approximately.

The drop began back on about 2012-12-17 and has not corrected itself even with the up turn in January.

Also, notice the shuttering going on starting about 2013-01-28.

Might be an indication of an implosion or something else.

Let's watch and see.