Here are a few "bonus" charts on top of the 25 or so I laid out through the course of the day……
As for what's next…………..my target for the S&P remains between 600 and 650. We have had seven consecutive lower closes in a row. The likelihood of an eighth consecutive lower close (tip of the hat to molecool) is a mere 0.65%.
We've been "due for a bounce" for approximately forever, and I'm glad I held strong today; it was, in dollar terms, far and away my best day in my life. I will sweep away all stops and update every single one of them with the morning's open. I want to preserve as much profit as possible while remaining open to further downside.
