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

Flushing this out a bit more the fib retracements for the Mar 2009 low to the April 2010 high are as follows:
10140
9440
8860
8300

We already retraced and recovered 10140 back in February with a low of 9835. The next retracement in line is 38.2% @9440. Right in Cramer's call of 9300-9500.