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Dr_Roboto

S&P 500 Pull back confirmed - How low will it go?

iShares Core S&P 500 ETF (AMEX:IVV)  
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AMEX:IVV   iShares Core S&P 500 ETF
Trend Analysis Chart Patterns Wave Analysis SPDR S&P 500 ETF (SPY) IVV SPX (S&P 500 Index) NASDAQ 100 CFD DJI
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Following up on my 8/17 idea on the expected pull back in the S&P. The gap down below the 20 day average is a very strong sign the rally is over. The only question now is how low will it go before finding support. First stop may be the horizontal line that was a gap up. I would not be surprised for a test of the most recent low. I personally hope not lower than that.
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