The accompanying chart shows a target at 8851 that implies a 596-point plunge is coming. Ordinarily we’d infer that’s a bit steep for a day’s action, but not now. The midpoint associated with the target lies at 948, and so we shouldn’t be surprised if a last-gasp rally overnight or perhaps in the opening minutes of Wednesday’s session, tops out near that number. Alternatively, the Dow would have to hit 10562 to convince us that DaBoyz can turn the short-squeeze into a more durable rally. (Note: If the selling accelerates, we should expect it to better yesterday’s 508-point decline. For that reason, here’s a target to hold in reserve if the Indoos blow through the 8851 target: 8479.)