I drew this Dow Chart on Feb 7th for a buddy that asked what I thought would happen. Was a bit wrong, but don’t want to move the lines, and still think we’ll go to the 200dma for the Dow.

I’m also adding the Dow Utilities chart again. I really think we’ll work down to that line again, and will be using it to help me go long again.

Good luck all. FYI, everything I’ve told you will probably be wrong, as I’ve been wrong many times and have been burned many times. These are only my opinions. These markets are almost impossible to predict…

Good luck,
Chuck