I would hate to be an SPX chartist. They all said there was support at 2052 then they said there was support at 2044. I have no idea where they think the next support is. It looks like a lot of open air below on a long term chart.
Ah. French fries comfort food. Those very adult and stable buyers of dividends are not in panic mode. Yet. Yes DVY went down 1.15% but the 500 went down 2.11%. Support at 74. That is 2.6% lower. 2.6% lower on the 500 is another 53 points. A 10% correction from the most recent high takes it down to 1915. Are you ready to throw up yet?