Market Heading lower

bodyhate to say that, macroeconomic no good, technically all 3 benchmark having same pattern to heading lower, 2007/2008 begin_of_the_skype_highlighting 2007/2008 end_of_the_skype_highlighting charts pattern repeat on this year.
SMA 50 become support / resistance ( black arrow ), previous 2 session unable to break thru, including yesterday close lower, we are heading even lower in coming weeks.
The support at 1120 become critical, break down will visit 1020, down some more will be 975..
tighten your stop level and preserve cash, short with small position