Today is breaking the 1998 20% delcine pattern. It would have to drop to new lows by the close to keep it alive, odds are we are making a low here. Notice the two charts lower bands are finally aligned at 1435? Short term resistance is at the two charts moving averages. At 12:30 it sure looks like we dodged the crash pattern and by this Friday the low should be finalized at 1435 area. At this hour we have as good a low pattern as you can get.
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