from Financial Survival Network
Danielle Park notes that global markets have rebounded from the massive crash that took place over the past weeks. Is it a genuine recovery or just a major SnapBack rally? Danielle, reviewing market history, believes it’s latter and not the former. We’ve seen these rebound rallies many times before and they generally peter out after around a 50 percent retracement. Let’s see if this one really is different. Perhaps with the imminent of the coronavirus pandemic, things will go back to some semblance of normal, but don’t count on it.
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