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S&P 500
5,537.02
(
0.51%
)
US TECH 100
19,634.80
(
0.80%
)
Dow Jones
39,308.00
(
-0.06%
)
Brent Oil
86.86
(
-0.06%
)
Bitcoin
60,375.30
(
0.35%
)
Post# of 704019
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ItsAllCyclical

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ItsAllCyclical

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Re: Dances-W-waves post# 10621

Thursday, 08/01/2002 3:57:49 PM

Thursday, August 01, 2002 3:57:49 PM

Post# of 704019
61% retracements seem to be more common these days than 50%. Either way 50% would put us at 900-775 or 840 ish on the S&P. Seems to be some support at 850. Given nervousness surrounding Aug 14th and technical breakdown seems like we're more likely to retest lows than stop and run after a 50% pullback.

Short BBH from yesterday. Thanks Augieboo.

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