SP 500 chart analysis

Quick look at the SP 500 ;
As mentioned in previous posts, was expecting a pull back (prior to my trip in Asia).
How severe ? Well, it depends on the fundamental news we shall soon get .....
On my trip in Asia, I had the chance to visit many clients who told me quite clearly ; the mess is far from over ........
Inventories are pilling up in warehouses ...........
Importers (outside of Asia) are canceling their orders ......
Banks are still NOT lending .........
Consumers are not spending .......
Hotels are EMPTY .........
So why are those Asian indexes rising ????
Ok, back to the SP 500 ; pay attention to those 880 levels ;
1) A high impact "bad" news could trigger a sell off
2) Light crude oil price reversal is telling us something ????
Stay out ........... fasten your seat belt :)
PS : very sunny and hot in Brussels :)