There are so many good charts here that I can’t post them all. J.P. Morgan is making a case for this week to be an important week indicating that we could retest the
lows this week based on historical precedence. This post is definitely worth taking a look at.
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JP Morgan examined more than a century of bear markets to look for recovery patterns and came up with a few interesting observations. It found that market bottoms are almost always retested, and that such retests result in a new low about 40 percent of the time.
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