SPY and ES broke their Q4R1s (red crosses) today, which is short term bearish until recovery. This reduces the chances of seeing the 2HR1 (red dot) targets. That said, still above all major pivots and this may just be a mild pullback to 2HP (orange dot) support.
If it were me managing a pivotal portfolio, I'd hold USA winners from 9/30-10/6 buys and put on some much weaker index hedges via EEM, FXI, PIN, RSX and EWZ.