Re SM
Under E-wave rules…this SM move started at the 09 Lo’s and it is a 1st wave..the next big down is obviously a 2nd wave, they can correct nearly 100 % of the 1st wave..so u could see sub 7000 in the Dow, near 1000 Dog and sub 700 S&P, intra month.
CNBC would be like a morgue !!!!!!!