25pt COMP is another bearish story. Next support at 1575 and then we have the September lows coming up fast...as a matter of fact, only 200pts lower than were we are now. I think we overshoot the September lows.
stockcharts.com
2,375.00 | + | | | 2,375.00 2,350.00 | + + | | | 2,350.00 2,325.00 | X + | | | 2,325.00 2,300.00 | X O + | | | 2,300.00 2,275.00 | X O + | | | 2,275.00 2,250.00 | X O X + | | | 2,250.00 2,225.00 | X O 6 O + | | | 2,225.00 2,200.00 | X X O X O + | | | 2,200.00 2,175.00 | X O X O X O X + | | | 2,175.00 2,150.00 | X O X O X O X O + | | | 2,150.00 2,125.00 | X O X O X O X O + | | | 2,125.00 2,100.00 | O X O O X 7 X X + |+ | | 2,100.00 2,075.00 | O O X O X O 8 O + |X + | | 2,075.00 2,050.00 | O X O X O X O + C |X O + | | 2,050.00 2,025.00 | O X O X O X O + X O|1 O + | | 2,025.00 2,000.00 | O X O X O X O + X O|X O + | | 2,000.00 1,975.00 | O O X O X O + X O|X O + | | 1,975.00 1,950.00 | O O O + X O|X O + | | 1,950.00 1,925.00 | O X + X O| O X + | | 1,925.00 1,900.00 | O X O + X | O X O + | | 1,900.00 1,875.00 | O X O + X X | O X X O + | | 1,875.00 1,850.00 | O X O X O X | 2 X O X O | | 1,850.00 1,825.00 | O O X O X | O X O X O X |High| 1,825.00 1,800.00 | O X O | O X O 3 O X O | | 1,800.00 1,775.00 | 9 X X | O O X 4 X O | | 1,775.00 1,750.00 | O X X O X | O X O X O | | 1,750.00 1,725.00 | O X O X O B | + O X O O | | 1,725.00 1,700.00 | O X O X O X | + O O | | 1,700.00 1,675.00 | O X O X O X |+ O X |Avg | 1,675.00 1,650.00 | O X O O +| O X O | | 1,650.00 1,625.00 | O X X + | 5 X O | | 1,625.00 1,600.00 | O X O X + | O X O | | 1,600.00< 1,575.00 | O X O X + | O | | 1,575.00 1,550.00 | O X O + | | | 1,550.00 1,525.00 | O X X + | |Low | 1,525.00 1,500.00 | O X O A + | | | 1,500.00 1,475.00 | O X O X + | | | 1,475.00 1,450.00 | O X O X + | | | 1,450.00 1,425.00 | O X O + | | | 1,425.00 1,400.00 | O + | | | 1,400.00 1,375.00 | | | | 1,375.00 |