TEST March 20th - The first question you’re probably asking is: how far will the market drop, and how long until the market bottoms?

The price of the Standard & Poor’s 500 index falls 7% from its previous close. (TEST)

Are the halcyon days in markets behind us?

John Melloy, CNBC's investing editor, discusses the Mega Phone pattern in this video.

Typically, when the market is overbought, you might anticipate a pullback, but there are plenty of reasons to think the stock market will continue higher.

The price of the DJII continues to move toward equilibrium with its dividend-discount value of almost 30,000 as the return of the Santa Claus rally approaches. This should speed up the ascent of the market.