If we do get a bounce tomorrow, it should be hemmed in by NDX 1010-1015. That's the upper channel line we've had since late last week. It was at NDX 1025 this AM, and it's dropping 10-points a day or so. That's a potential max of 30-points off today's low.
If we'd have closed on the lows, I'd have been more confident in a bounce. I was looked for COMP 1315 and NDX 976 or so for that scenario to pan out (as well as SPX 841 and Dow 7900).
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