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People are expecting a V shape recovery, including me 3 weeks ago. It's going be longer to recover. UI benefits alone may take 2-3 months to clear backlog by the states. It's a mess.

Wouldn't be surprised if it will print 2400 today, but I think 2400 may hold.

CB again tonight? Kinda missing it lately. Haha.

This dip is 3 days late. Wonder if it will down hard today or just spread out till Friday.

That rounding error if retrace is 3-5 pts

I can say that it will take along time for people to get UI payments. All states are sitting on piles of applications that they can't process in time. This is madness.

Lol.

Post away lad.

Are we going to see red all of the remainder of this week? That is the question.

Well done for a day like today.

Holding straight to target or are you playing mini bounce in between? Edit: never mind, I saw your edit. That's my exact trailing out target.

I am seeing 2500 possible today. After rebalancing is over, let's see if there's more buying

You are claiming that it will head to 50% retrace yourself. I am saying it could retrace to any of that level. Just saying

Actually, 38, 50, 61 are all possible retracements. Can't tell if it's going to retrace to either one of those levels.

Thought you would have flipped short.

Socialism it will be...

Never this low. Unheard of if dip below 10.

Neg. A lot of US shale comps will be out of biz at 10 a barrel.

2360-2380 area good for a quick mini bounce.

Lockdown probably going to be 2 months. Revise those assumptions on GDP!