Now that the S&P 500 has closed firmly below the -5% line, the next level of support is the -10% line, which is roughly 6300. What began as an orderly pullback has turned into a fear-driven slide. Today we’ll go through the chartsI spent 30 years in the institutional trenches as a trader, analyst, and portfolio manager, eventually running the equity trading desk at Northern Trust in Chicago. Those decades shaped my approach: stay disciplined, trust the data, and keep emotion out of the way. Since 2009, when ...