Zeev's Turnips Patch-No Politics (ZEEV)

[Velociraptor_]

The pattern invalidation point was posted as DOW 10,480. That has not changed. Below that and 10,400 is next but if that holds, all it potentially does is delay the start of the target move until the end of the month.

Below 10,400 and the bear takes over. S&P 1130 or 1135 is the critical point for the delayed move for that index. I'll have to check.

The peak of the last big rally leg was Jan 26...that means we have had over a month of selling pressure and look where we stand. Nasdaq took the hardest hit, but the S&P is withn 20 points of the highs and the DOW within just over 200. That's bearish?