Near perfect just above the 50% retrace of the move up from the early July crash lows. Internals continue to look optimistic at the mid-day and with “risk-on“.

Related posts:

  1. 05.06.10 – Failure to Bounce at 38% Retrace
  2. 06.30.09 – 62% Retrace Rejection
  3. 07.14.09 – Capped by the 50% Retrace