Scatty's BIG VIEW On The Stock Market

Scataphagos

Scataphagos

While it's possible the "final top" has been put in, IMV it's more likely a "correction on the way up".

Assuming the final top is not in, markets in no real danger of going bearish until the nearest "important support" is taken out and holds/maintains below.* That be...

DOW 33,000
SP 4300
Nas (QQQ) 350

That said... a "technical long play with a tight stop" at those levels is reasonable.

FWIW...

*If this happens, all you perma-bulls should consider running for cover!
 
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Are we looking at the same chart and the same stock? This is a penny dog...
 
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