Tonight, Cramer was talking about Tom DeMark. Allegedly, he has an impressive track record of calling tops and bottoms.
https://en.wikipedia.org/wiki/Thomas_DeMark
DeMark Analytics
https://symbolik.com/
Cramer said he got a call from DeMark on Monday saying, "They thought it was the bottom" (in video below) and that they expect a 10% - 15% temporary bounce from here. Of course, he got that bounce
today.
One day after making that call. Now, they are looking to retest Monday's lows.
Now, watch this video of Cramer talking about DeMark:
https://www.cnbc.com/video/2020/03/2...ys-bounce.html
The following are Demark's Absolute Retracement Projections:
S&P: 2,097 (It was 2,191.86 on Monday, 23 Mar)
Dow: 18,183 (It was 18,213.65 on Monday, 23 Mar)
I'll be keeping my eye out for these numbers.