It could go deeper than that golf (to 153 tomorrow potentially) or it could be a misdirection tonight. These kind of nights are the most difficult for me to call as we have lost several points in a few days. At some point, there will be a big bounce. I still think that happens at 153. That my friend, looks like support. Take a look at Feb 19th. Direction is still down from here though imo. GL, bro. Let's make more $$
Never easy to call. I covered my shorts right at the opening this morning @ 1570 for a very nice morning, $2200, small and growing, but was afraid of a bounce back up to 1578, yet dropped to 1561, prob missed another 1k, but the point is that when Mr. Market puts money in my pocket, i take it and don't wait for more..
So, when markets plunge, my pain is to take what's been given because if you don't take what Mr' Market hands you, he'll take it back...
The market was stuck in the 130-140 range for a year. I did not post here (only observed) but I saw many people claim that 140 was the end, it would fall from there... then 141, 142, 143, 144, 145.... then the bears just started dropping left and right.