Here’s a 101 year DOW chart 🙂 As you can see lots of key LONG term trend lines converge with recent lows along with a lot of bears…. Thing is I think we bears are afraid to short here for good reason, therefore I cant see a bounce living long… I dont see a huge straight up ramp with all the recent damage…. A stick save would likely grind up that T/L back to the longest one in a grindathon wave 5 ED with a blow off top a year or more out…. Im not gonna talk about that kinda doom for bears though, I think the odds favor the bears but the bulls can keep hope alive until around 2350 SPX where I’ll rule out any more bull trends for a LONG time…..
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