Gann 50% rule:
an asset will retrace 50% of its range in 50% of the time required to establish the range
See the linked idea for a deeper dive
GRI 2022
an asset will retrace 50% of its range in 50% of the time required to establish the range
See the linked idea for a deeper dive
GRI 2022
Comment:
The 2020 drop was exogenous, the better parallel to this situation is the 2016-2019 move which was an also endogenous drop
