The 56 Point TA; Charts With an Attitude Message Board

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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Woody who wrote (56607)	2/27/2020 7:52:19 PM
From: Doug R	Read Replies (1) of 79193

I think this is the first day I've ever witnessed the Dow closing down over 1,190.9 points in one day. Do you think it's the last? Maybe for a little while even?? Another within a few weeks? Or not for another few months? Tomorrow's SPX 1,2,2 monthly sto close could possibly (however unlikely) be pulled back above oversold. If that "miracle" occurs, there'll be a LOT more downside in March with a -1500 day possible and April at risk. If the month can close oversold, there may be only one more -1000 dow day to go. The 4,3,2 on the monthly SPX is still kinda "roomy" underneath.

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