S&P can drop to 3,194 and make relative sense

Considering the 2020 low, in log format, that draws back all the way to the 2009 lol, it would make relative sense for the S&P to still drop another 17.5%.. unfortunately
Chart PatternseconomyFibonacci RetracementTechnical IndicatorspitchforktradingS&P 500 (SPX500)Trend Analysis

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