This is a kind of wacky perspective if worse comes to worst from the birth of the 2009 strong and healthy Bull to it getting infected with COVID-19 in Q1 2020.
Interestingly enough, placing a retracement from the 2009 low to the 2020 high, the bounce from late March to April (2020) sits perfectly on the 38.2 level.
No one ever does a retracement like this, but again, those who shorted the housing crisis saw money where people never looked. But IMO and being realistic, I don't think were going to hit that low down to 168-172 range. Also, I think it will be WW3 if we pass that lol.
Love to hear your thoughts and I wonder how everyone else in the world is coping with their own money problems.
TMT
Interestingly enough, placing a retracement from the 2009 low to the 2020 high, the bounce from late March to April (2020) sits perfectly on the 38.2 level.
No one ever does a retracement like this, but again, those who shorted the housing crisis saw money where people never looked. But IMO and being realistic, I don't think were going to hit that low down to 168-172 range. Also, I think it will be WW3 if we pass that lol.
Love to hear your thoughts and I wonder how everyone else in the world is coping with their own money problems.
TMT
