Replies to post #40789 on Abet Chichi2 (Chichi2)

[anon.10]

B:

I think we go to 61.8% retracement on S&P of the 1576 high, which would be 1227 which would be the end of 5th wave up or end of this rally. Some think 50% but not me. Maybe I am too optimistic.

Question: what is the tipical retracement of wave 1 after that of previous rally?