Quick update. SPX gapped up on the better than expected NFP report but then filled the gap and subsequently rallied again to finish the day at 1552.
March 8th was a possible fib change. However DI- and CCI trend lines are telling me that March 11th is the most likely candidate for a short term top. DI- has been crawling on the floor but is looking like it's ready to break out tomorrow. Regardless, the next day or two ought to put a temporary cap.
If I had to set a target, I'm looking for a trip back to the 50MA daily and to finish the wave no lower than 1474.