Like a ton of bricks...

Any ideas on where the next support level is on the way down in the Dow?

This geopolitical stuff really blows for the long side....

 

On my charts, I am showing substantial support at 0, but not a whole lot in between.

 

Why so optimistic?

 

$#@%$@ Globex! Tried to enter a buy order on ES at zero, but they wouldn't take it! Must be `cuz of that limit stuff

 

Cheeks- I couldn't find a put option quote for 0 on the DOW.

 

Just kidding around.

To answer your question. I would say 8,000, 7,500(aug lows),
7,200(oct lows).

 

Oh, well I'll gladly sell you all you would like.

 

look at monthly chart going back 10 years... the congestion we had between 10k - 11.5k is enough fuel to push us back down to 5000.

exited my equity fund position yesterday at close... what a beautiful thang !

 

anyone know why the market is getting dropped like this today???

 

The dollar is getting pounded. That's my guess.