crash part two, page-117

  1. 17,444 Posts.
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    I think a nice price for a move down to CMC 5950 would be a high around 6110 6120.

    That would probably happen in the night session.

    CMC about 11 pts above SPI.

    Admittedly the gap from yestreday is tempting.

    There are 3 scenarios here IMO.

    The first is probably a US dip early tonight but then it all turns bullish. Maybe.

    The most expected is a retest of the lows and off the races again.

    What I expect is a retest of the lows when all will pronounce fait accompli, maybe a 1 or 2 day bounce and then crash.

    Still, what I expect and the end result needs to be covered.
 
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