@Furpo2Friday 28th Feb was the 11th day post peak. It had an unusual (if not controlled by the Crash Rescue Team) decent close above its bottom for the day.
Normally, but like all things nothing ever sticks to the script, the next day of major contemplation should be in 10 trading days or there about.
Of course what the FED, US Gov't and Wall Street conspire to do will have an influence...................... so too will the unfolding impact on Industrial Production and Supply Chain interruption
These numbers are more to do with how people come to make decisions and not so much (but not excluding) Fibonacci Number Series and Elliot Wave patterns (collective thinking).
Just as a woman in a bad relationship gets a radical haircut indicating a major change in her thinking, or the troops ceasing their complaining they all have a degree of timing within their thought processes.
Anyway 10 days trading from now...................... who knows what will happen .................. but worth watching.
MI
