>>The stock market's ultimate cheerleader is finally catching on.
>>His Off the Charts segment from last night addresses the nastyness that technicians have been watching in the charts for a while.
>>http://www.cnbc.com/id/38832150
>>
>>My thinking goes like this. We're still testing 10k. If we fail, our next support level lies ~9615. Failing that means we'll be testing the minor supports ~9400, 9250 & 9100. Since these are minor and there is no support directly below 9100 and the fundamentals are awful, if we fail, I expect a free fall to my standing 8k prediction.
>
>These were calculated how?

They are previous lows in the charts. 9615 is the aproximate low point of the potential head and shoulders.

>>
>>Of course, now that Cramer agrees with me, I'm likely to be completely wrong. ;)