How Far Will the S&Ps Fall?

How refreshing! The buy-the-dips bozos are finally getting their comeuppance.  Today's avalanche crushed p=5866.88 (see above) so badly that it won't take

How refreshing! The buy-the-dips bozos are finally getting their comeuppance.  Today's avalanche crushed p=5866.88 (see above) so badly that it won't take a monthly close beneath it to ensure that d=5555.00 is achieved. More immediately, the futures will have an opportunity to turn up from 5710.94, the pattern's 'secondary' Hidden Pivot support. We'll make that our minimum downside target for the near term. Here’s the chart:

How Far Will the S&Ps Fall? - Image 1

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