Stock will contine to drop.

The stock index is not bottom yet since the selling today is not heavy and there was no buying at the market close. For the detailed analysis of market bottom see market bottom and when the market will hit the bottom

[思想者無畏]

I had a new mkt update in 大千股壇 at open:

stocks: no panic selling; bonds: panic buying are done

that may work for now as capitulation point, and if history repeats, indexes may have a year-end rally, if no more suprsing blow ups from financials

zt
10-Year Treasury Yields Have 6th Largest 1-Day Drop Since 1962
As of 3:45 PM ET, the yield on the 10-Year Treasury Note was down to 3.82%, or 4.42% lower than its close on Friday. Since 1962, this is the 6th largest 1-day drop in the 10-Year yield. As yields drop, equities are supposed to become more attractive, especially ones with dividend yields greater than risk-free Treasuries. When the 10-Year Treasury yield has fallen more than 4% on the day, the S&P 500 has been up 11 out of 14 times over the next week for an average gain of 1.14%, and 9 of 14 times over the next month for an average gain of 2.06%. The 10-Year Treasury yield, on the other hand, usually continues lower over the next week.

see data in my original post

[思想者無畏]

O’Neil 's "cup with handle" is the best, individual stockwise; Index wise, I like his "data pattern" ananlysis, such as those on follow up;

He does not do much on FA side; I am still of the same views ("marketreflections" in 大千股壇, for those who don't know); TA is the notes, FA is the "feelings", mkt is not done on both of them on the downside, first to test 816 intraday low, likely before Fed's next meeting, ..

do U like charting? some charts would be nice;

HK is doing well tonight, and that is good, money is becoming "red" now, a safe color,

U's today mkt comment lacks real stuff, "panic selling" is a clitche everybody knows, haha

If U could be more detailed, I will try to match yours