"Right now it feels like we’re in some kind of World War I-style no man’s land," Cramer said Tuesday. "A hostile environment where stocks are too high to buy, but too low to sell."

The "Mad Money" host said investors should use every tool at their disposal to determine where the market could go next. Although it feels like the averages have been annihilated, Cramer said the charts are painting a "pretty bleak picture" with the longer-term support being taken out.

Many technicians are calling for a continued decline. Ed Ponsi of Barchetta Capital Management, however, takes a much less negative view. Why? Watch the video to find out.

Call Cramer: 1-800-743-CNBC

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