Bear Hat
- Very Large Bear Fork In Play Here! (Watch Out)
- Break above 1112 would put the large bear fork in question
- Larger Bear Fork down gives mid line target of 550-600
- Chances of Large Bear Fork staying in play?
- A major crash would have to take place soon
- Possible with the economic data being very negative
- Market would have to see the same selling as it did in fall 2008
- Watch GDP on Aug 27th, below 1.5 would be VERY NEGATIVE