Folks, look hard at this chart pattern. This is a Falling Wedge. THESE BREAK UP, NOT DOWN!
Many authors proposing End of World Calamity, Doom, &tc. Death Crosses been in vogue. Notably, the Death Cross usually occurs near end of bear move as culminating event. So, yes we ought to expect lower, but get ready for higher thereafter.
Worried investors asking if they should sell out now. Fear index is peaking at extreme and capitulation occurred on Monday with DJI -800, SPX -125, NQ -500.
Expect a final washout low before a monster faceripping rally; this is how market makers get your money, they buy your stocks when you dump them in panic.
Baron Rothschild: "Buy when there is blood running in the Street, even when it's your own!"