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Post# of 47295
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Re: lowtrade post# 44769

Friday, 08/21/2015 8:33:00 PM

Friday, August 21, 2015 8:33:00 PM

Post# of 47295
told you market wasn't healthy a while back, just took a little longer for traders/investors and market to realize it.

major support levels broken in last 3 sessions.

I think DOW can go to 15,500 if 16,000 fails

if 15,500 falls, cant see it going much further than 15,000.

as for S&P 500, 1900 can fall, but 1850 should not be breached. if it does get breached something is wrong, very wrong or the $ is over 1.00 compared to Euro.

DOW 14,500 is do or die support
S&P 1600 is do or die

but none of this deters me from adding to positions or forming new positions.

oil under $40 will cause serious problems

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