Stock Market Bear Bounce – Are we there yet?
Fibonacci entrancement levels so far, US stocks.
IWM Daily (Russel 2000 ETF) – 38% retrace
When Retracements Move From Caution to Danger (04.09.20) | Arthur Hill, CMT (Source Stockcharts.com)
https://youtu.be/409c6lzfiYw
If it bounces more I’ll be surprised
BUT US Stocks have surprised for a decade
According to George Gammon.. it’S possible (not probable) the FED can reinflate EVERYTHING! UNtil I guess the USD implodes.