Stock Market Forecast of 5-31-11 UPDATE

I commence with my gratitude to The Creator

I posted the following chart and forewarned yesterday,
 “I am still of the opinion that markets are exhibiting a false break-out and rather bulls-trap. Markets are creating a possible Head & Shoulder Pattern. Current Markets Actions are the characteristics of the topping pattern, where participants are panicky (whether on an up day or down day), when the markets are trying to find the direction.
I shall NOT change my bearish outlook, until the markets have cleared the current resistance levels.Which I think shall be harder to do so.!!”(as a matter of fact, I updated the last sentence of my post later on during the day).

Today, Markets have crashed!