Replies to post #39285 on ajtj99's Market Pulse

[ajtj99]

The current move down is almost a duplicate of the move down from the 1198 SPX high to the 1174 low in early December. Even the candles look the same:

http://stockcharts.com/def/servlet/SC.web?c=$SPX,uu[h,a]dacayyay[pb20!b50!b200!c13!c20!c50!i!d20,2!f...

Sell wiggle, followed by a long red candle. If the pattern plays out, we'll get a spike low on......Wednesday!