March09 Recap

4 May

After a break of the 2002 swing lows, the month of March put in a fairly bullish candle, closing well into the prior monthly candle’s range. This recent breakdown below the 2002 swing low puts us at a 12 year low, which we will probably not fully recover from for quite some time. The long term buy and hold days are over for now, it’s a trader’s market, so be glad you are one!

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