2020 BEARMARKET IS IN - MOVE LIKE 2008

Updated
based on current fibonacci extension levels we might see a drop to 2000-1800 levels.
compared to the 2008 recession this could be the best chance to step into the market.
Comment
snapshot

s&p just hit the 0.5 fib level on the daily chart. (resistance)
i could see a drop from here on but i wouldnt be suprised if we hit the 0.618 fib level before.
bearmarketBeyond Technical AnalysisChart PatternseconomyS&P 500 E-Mini Futuresminisp500recessionSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) spyshortTrend Analysis

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