Short term prediction

This is the bounce off the first test of -20%ish decline. I expect a +5% move to happen fairly quickly, then a lower retest near Fed announcement, then a slow retrace to roughly -10% from ATH before the next leg down.

Kommentar:

One variable to consider is the month of May. Usually lower upward strength, so it's possible the slow upward grind starts now, and we won't see much real volatility until quad witching in June.

GL everyone! Be sure to protect yourselves, your families, and your friends in these trying times :)

Trade ist aktiv:

Still within expectations.