We are above the amber caution level at 30, meaning the market is showing weakness, we are now closing in the on the 48 level which is not as common and has accounted for many strong pull backs over the last 16 years
But we have not reached the levels seen in 2008 or in 2020 just yet.....which will likely be seen in Wave C.
The speed at which the market is dropping is in line with what we are seeing in March 2020.
Lewis
2025-04-04 15:54:01 +0000 UTCUday
2025-04-04 15:28:17 +0000 UTCRichard
2025-04-04 14:38:06 +0000 UTC