The Dow dropped more than 400 points the last three days. When will the selling stop? Although some call it voodoo, most of the top traders look to the charts to find their answer. Our own Eric Bolling shares a glimpse into his crystal ball.
Eric Bolling says the charts suggest the S&P will drop no lower than 1470-1490 while the NASDAQ won’t drop lower than 1880. Eric thinks it would take a serious meltdown for the market to drop beyond those levels and at those levels he sees a buying opportunity.
Pete Najarian reminds the panel last Friday he recommended buying the 1525 put versus the 1575 call. He also tells investors to forget the June options. He says the explosive volume is in the back months.