50%+ retracements following big declines are typically positive

Note: I’ll be traveling the balance of this week, and there will be no market reports nor videos for Thursday 8/18, nor Friday, 8/19.  These will resume the following Monday, 8/22.  Thank you for your continued support and understanding.

Wednesday’s About-face might have seemed like a welcome change for those fighting this rally, but it accomplished precious little with regards to trend deterioration.  Most of this decline occurred wit...

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