...This morning, with 107 of those points in the can the question is what comes next. On a very short term basis the 1978 bottom of the last decline is support....This morning the range on the S&P 500 has been 1,978.63 - 1,986.23
1,984.18, last.
So now what?
We should hit that 1978 at least once more, slice through and continue the down-move.
We'll be back with more this afternoon
Previously:
Equities: How's About a Thousand Dow Points (to the downside)?
