Posted 3/26/2020 18:37 (#8141160 - in reply to #8140908) Subject: RE: Is it time to get back into the stock market?
Starbuck Manitoba Canada
It is actually a sell again.
We broke a major 11 year trend line and have now just today come up and hit the trend line from the bottom side. It should fail here.
Also almost an exact 38.2% fibonacci retracement. If it fails at this level it is a sign that the market will continue to drop further.
On the other side if it continues higher, then it negates these said chart patterns, and it is possible that we are over the worst, but I am not holding my breath.