Everyone is so sure a bounce is coming that I am now looking lower — much lower.
Expect the March E-Mini S&Ps fall to exactly 5513.75 when this morning’s feeble bounce sputters out. And if that Hidden Pivot support gives way, prepare for a hellish dive to —take a deep breath -- 4868.50 (!). It’s time to sell every rally in…everything — including NVDA, whose so-far low today at 104.40 did not get quite close enough to the 103.19 target I put out seven weeks ago to be considered fully corrected.
