Daily Archives: April 30, 2020

Stocks Broke the 61.8% Retracement, But Can They Stay There?

The stock market managed to break above its 61.8% retracement briefly yesterday. From a technical analysis perspective, breaking above a 61.8% retracement usually means that the rally is no longer just a bounce but the start of something bigger. However, … Continue reading

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Stocks Have Broken Out… What Comes Next?

The stock market managed to break above its 61.8% retracement briefly yesterday. From a technical analysis perspective, breaking above a 61.8% retracement usually means that the rally is no longer just a bounce but the start of something bigger. However, … Continue reading

Posted in Head Fake | Comments Off on Stocks Have Broken Out… What Comes Next?