Charts suggest the market could find a bottom after a little more weakness, Jim Cramer says

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'The charts, as interpreted by Tom DeMark, suggest that with just a little more weakness, this market's finally got a legitimate chance to bottom,' he said.

CNBC's Jim Cramer on Wednesday said that the market could find a bottom later this year now that stocks have come down and Wall Street's optimism has waned.

CNBC's Jim Cramer on Wednesday said that the market could find a bottom later this year now that stocks have come down and Wall Street's optimism has waned. He added that the key to finding a bottom is to identify when sellers have run out of steam, and everyone who planned to sell already has. "That means the Dow may have bottomed last month or maybe there will be one last downdraft that takes us to a lower low," he said.

 

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