Looking at the regression line from 2009 and including the election and covid variations, the market is off the beaten path.. Plenty of room for more drops on this correction..
Cintas or CTAS stock currently in a down channel but sees support around 318. Market is in astate of correction until SPY index reaches 373-375.. At that level CTAS should rebound if not before .. tends to follow SPY closely
$SPY I believe will test 373.. reverse triangle for the year and all signals point to 373 .. I can't see it dropping below that .. 2021 support for the year points to 375.. 373 Bottom is not out of the question but I'll starting buying at 375 mark