S&P500 2008 repeat, massive retracement
In a previous idea, I pointed out the developing fractal of the 2008 crash. On that chart, I did not have the 2008 chart adjusted properly to align with the current movements. I have updated this on this chart. We have been tracking this fractal for over half a year now with stunning similarity. I think a 50% retracement is a likely scenario which would take us to around 2700ish.
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