S&P 500: $SPX 2008 VS 2020 COMPARISON.
We see a near identical setup now in a three wave bear market as in 2008.
Began wave 1 bottoming on a strong daily reversal leading to CTR 1. Then wave 2 bottom with DEEP RED candle stick and BIGGER CTR.
Now in wave 3, the FINAL WASHOUT. pic.twitter.com/Y0UC9qJdEZ
— The Kobeissi Letter (@KobeissiLetter) April 9, 2020
— George W. Freemen II (@GeorgeFreemen) April 10, 2020
One economist predicts a million personal bankruptcies filings could come in the near future as unemployment soars.t.co/lX0xkvaYcY
— Win Smart, CFA (@WinfieldSmart) April 10, 2020
market update pic.twitter.com/IidX5G3wHL
— StockCats (@StockCats) April 10, 2020