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this isn't a technical drop though....so why do you think technical levels matter here in the long run? Maybe in the short run...meaning a day or two...
Technical levels only mean something when looked at in the timeframe they are intended.
I see this as an historic drop in the making. Thus you gotta go WAY BACK for your technical level.
I went back to 2008. I'm looking for a 50% haircut from the all time high to the 2008 low. At a minimum...
Last edited by PaceAdvantage; 05-23-2022 at 08:28 AM.
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