The descent on the blue trend line of the long-term bullish fork is over. The beginning of the descent started on the resistance of the median of the long-term fork. The decline was 50% of last year's bullish movement. All the gaps of the last hike have been closed (Look at my analysis of February 16th where I called the 12% drop and the closing of the gaps). There is a good chance that we will go back to looking at the fundamentals. There will be a slowdown in the world economy in the first quarter. If the epidemic of the virus arrives in other countries then the economic slowdown will be more marked. Now, there are chances of a rebound.
