Zeev's Turnips Patch-No Politics (ZEEV)

[Michael049]

It does look like the COMP's LOD (1349) so far won't hold. Both the COMP's and DOW's low "fit" trendlines as possible lows for this cycle. A better fit for the COMP would be 1328-33 tommorrow and 8317-33 for the DOW. If those don't hold, there might be a bounce next week, but it will be a short-lived affair, I believe.

Mike