Charts suggest more pain is in store before market reaches a 'buyable bottom,' Jim Cramer says

"The bad news is that the charts, as interpreted by Mark Sebastian, suggest that today's rebound is just a temporary reprieve from what could be a bigger sell-off," the "" host said. "But once the last leg lower runs out, well, then, he thinks we could get a real, buyable bottom."

The VIX rose from the mid-20s to a peak of 39 as the S&P 500 slid nearly 4% over the last two trading days. The fear gauge, which typically runs counter to the market, pulled back to 34 on Thursday as the S&P 500 climbed more than 32 points to 2,852.50 at the close.

Why doesn’t Cramer just put his portfolio on the screen and we can all copy notes? Build it like a March Madness bracket? Ohhhhh I wait you guys had that stock draft once lol.

You have to be kidding me? Between him and the Gates I’m almost certain you have run it’s course. Stop

You said the opposite yesterday, you bloomin’ buffoon!!

Duh

Not if NIRP comes along, then it’s Dow 40,000!!

some charts do and some charts do not

No offense to Jimmy - but would be so nice only if he or (anybody else) really knew .... so let me rephrase “Jim thinks there is more pain ahead”...and he might be correct or he might be completely F’n wrong ✅

Wait, I thought he told us to start buying at 2:30 today?

Why should we give a rip when institutional investors are the only ones profiting from this scheme.

Good Lord, Jim. Clearly it depends on what you're buying. I'm no expert and have seen portfolio gains upwards of 20% since a few weeks ago for F&F who asked for hands-on advice. I've seen some things continue to drop especially with theFed actions so beware.

The MACD just crossed on $SPY on the daily of course the chart shows that....

Deeeeep bottom.

So I should buy at 2:30 and sell at 9:30 tomorrow ....

So we bottomed again?

Playing both side again Jimmy Chill?

Stevie Wonder could this coming. No brainer.

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