Replies to post #1850 on Charts SYSTEMS

[gdl]

We should know no later than this Friday. I suspect we have a shallow day tomorrow with downward bias. Employment report Friday with wage component. It can decide the immediate trend.

As for my bear year of 2014 I can only guess how deep or far it takes us. If this current drop is a staging for one more rally my guess is we hit 1950 on SPX followed by a 5 to 8 month swoon.
I am still only throwing darts for my lows. Think it should hold over 1500 on SPX.

[euterpe1]

let's see if the 200ma acts as a magnate. I bought some SSO on the burn here. I think we bounce here even if it's temporary.