However- please notice how deep the 12/07/2018 low was where I labeled "scary" in yellow. That is very deep. In fact that may be a clue to a deeper retracement in the near future. Possibly a pattern! So I'm not so sure about a "Santa Rally" this year. That's a pretty deep projected down move to the 250 zone if that happens! Gotta watch the Nov 23 low at all times. If it cracks, This Old Fart is gonna sell!
Until then lets see if these short term calls can make some money on a bounce in the next day or two. Lots of fear in the market, it might need a day or 2 to relieve some fear indicators.... then, just to dump again?