1937 would be the 62% retracement. 1914 was the half-way-back point. The high so far today has been 1928. It looks like every one who sold it in the hole last Wednesday has been squeezed out.
The S&P takes back more than half of the 10% correction
1937 would be the 62% retracement. 1914 was the half-way-back point. The high so far today has been 1928. It looks like every one who sold it in the hole last Wednesday has been squeezed out.