50% Retracement Bounce and then New Lows

Historically, when markets drop 15-20% off the highs at start of bear markets we always get a 50% retracement bounce. Expect a bounce from this level before making new lows.

Yorum:

Right now you can see this bounce is playing out

İşlem kapandı: hedefe ulaştı:

Retracement target has been hit. Hitting heavy resistance levels now.