Zeev, 5-day re-test mode is operational again. We haven't really seen this pattern since summer. It usually ends up with new lows for all the family (including the COMP and NDX).
There is a chance the SPX and Dow lows hold and only the COMP and NDX make new lower lows below the Dec. lows. We'll see.
One thing this pattern does is it gives you an opportunity to buy a new low when it plays out.
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