Charting My Interruption (CMI): “Below 4200, Targeting 3950 to 4050.”

With the alarming degree of damage being done beneath the surface, our take was that the 4200 level would eventually give way to the downside, with 4050 the next likely target. With the S&P now below 4200, it is time to bring greater focus to this next area of importance.

Charles Dow advised monitoring the depths of market weakness, on the assumption that the shallower the pullback, the healthier the. . .

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