The stock market faces ‘unlimited downside risk,’ warns veteran trader

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The stock market opened with a resounding thud on Tuesday morning, as the Dow Jones Industrial Average at one point had shed more than 500 points. The S&P 500 and the Nasdaq Composite endured even harder hits, down more than 2% each. Here’s the case for things getting worse before they get better.

 

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allstarcharts

Do not be so stupid childish

'These divergences led to collapses in '00, '07 and a severe selloff in '15.'

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