friday sell off, page-5

Sandune

I agree with your target from a CMC perspective.

At 6200 it will be a 100% move down from the double top and also 50% of the move up from August.

I think it may just be step 1 but we will see.

Watch Nov 8 +/- 2 as still a potential crash date per Carolan theory. Even if that is a sharp low it doesn't mean that a 2 day rally is all we get before continuing decline.

I had potential Nasdaq highs at either 2920 and 3020 to match the Dow 1932 to 1937 pattern.

The last move up there looks like 3 little waves so there is an outside chance that one more move up to complete the structure would probably see 2920 and that would finish mid Nov and also match time for '32-'37. If that is to happen very little further downside shoud happen first.