Monthly chart shows the negativity, but we will have to cross this shorter line and have follow through before this would be considered a bear market.
You should ask your hero to post his statement for last Friday instead of some random day that nobody asked about. The guy BLOCKED me just because I jokingly pointed out that we were still 85 points below his BOLD minimum call for Friday. What does that tell you? TRUST me - he would have gloated and pointed it out if that call went in. Instead, he goes AWOL and when called on it he has some bullshit excuse and wants to post a statement from some other day. I also had a 10% day last month. So f''king what? If it was any other guy I would let this slide, but this guy is a total asshole to everyone else and deserves to be called out on his BS.
Big Pic Outlook: 2699.50 Bullish Target in place on this drive.. which equates to the 50% Fib Retrace from this move down. 2640-50 Pull back would be conservative buy entry for Santa Claus Rally back to Top of Range at 2820. Gotta be bullish on this move back up to the top of range 2810-20 ish... Anything less would be a disappointment for Bullys & precursor of things to come for 2019!
No gap occurred today. I would rather that we stayed even or had pullback overnight instead of running up to the hawk like we did, but I am staying long for now.