CryptoPummel

Dead Cat Bounce

Short
TVC:SPX   S&P 500 Index
The worst scenario is a repetition of the last dead cat bounce for SP500. Look at the big red volume bar, and what happened next. Get back to the 0.618 and all the way down. This could happen just again.

The different targets are shown. We don´t need to go that far low, but it could well be.

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