The Black Box

[mjk]

How about 1840 (min)...I don't see how we're going to blow right through the Dow 200sma on the weekly as some do. Expect some battling around this area (9800), and for a decent pullback back below. Took about 9 weeks to finally leave behind the 200ema (with a range of 500-600 dow points), expect similar battling right here, though not necessarily so long.

2100 on the Nas would mean another 450-500 Dow points (guessing here), and I don't see that yet.