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Will stocks crash if support is broken ?

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  1. Not likely.

    Support is broken to "Run the Sell Stops"

    Most of the time the market then recovers and Traps all the people who went short.

    Don't believe me?

    Watch the stock market this week.

    The Jan 22 and march 17th lows were breached on the Dow last week.

    Bearish right? Wrong.

    Watch for the MOTHER of all short covering this coming week in the markets.


  2. There are no such things are "support levels." That's a myth of technical analysis.

    Stocks will crash if investors become convinced that economic fundamentals are deteriorating.
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