What’s really bizarre is how the huge drop we’ve had has ignored all .382 bounces and just went straight down…the gap up rally this morning is tepid compared to what we’ve seen over the past 8 trading days and should be way bigger to get another .382 bounce…it’s very rare for W4 to fail and it’s failed 3 times already in the past 8 days..
[10:05AM] Small-is bounce this morning in $COMPQ $SPX …not close to .382
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