From 1/6 on the SPY daily: "SPY below all pivots with clear resistance at the YP / 1HP combo 200.01 / 199.81 respectively. The close was near a JanS1 at 198.80. The next support on this chart is JanS2 at 193.70. More importantly, below the YP so early in the year substantially increases the chance we will see YS1 at 186.25."
Yup, that was written on 1/6 with SPY at 198.82. The result was straight down to YS1, a 6+% drop, in days.
Soon I'll do a little more detail on reasoning behind "bear market for real" with NDX below 4373 made on 1/7.