The process should be choppy with another moderate spike up during the first half of November (once the downside target area is reached). The spike may take SPX to a marginal new high for 2012. A final November spike would complete a broadening top formation.
The bigger picture is much more important, and those charts are coming.
UVXY is at midfork resistance and should flatten out for a few days, then drop down again early next week.
SPX may be relatively quiet for the rest of the week, then have a decent bounce early next week.