When will the pain end (at least for now)??

There's a sentiment indicator that some technicians utilize to help assist in determining bullish/bearish sentiment.

This is for the Dow Industrials.

$BPINDU bullish sentiment

Note that the trend line indicates that the likely potential bottom will be when bullish sentiment reaches 36%. It may go lower, it may reverse higher than that trend line.. It's just a reference and we can see that it's bottomed at previous points on the trend line.

Note... you can also pull up a Point and Figure (PnF) chart (the Grand-Daddy of all Technical Analysis) for the DOW and SPX ($indu, $spx.. and throw in the Russell 2000 for good measure, $rut)

They will show you that the SPX has a downside target of 925 on this Pnf chart:

S&P 500 PnF

And for my friend Megan, here's that Video I promised you where the Karl Deninger makes a analogy between current market conditions and 2007:

Whistling past the (Investors) Graveyard


Scrutinizer