Fastest 30% Sell-Off in History
Just an absolutely mind-bending stat from technician Stephen Suttmeier at Bank of America Merrill Lynch… The 2020 correction continues to make history, having already claimed the title as the third fastest end to a bull market going back to 1928. In a little over four weeks since the February 19 peak, 22 trading days, the S&P 500 (SPX) has sold off 30% on a daily closing basis, making this the fastest 30% declin...
source https://thereformedbroker.com/2020/03/23/fastest-30-sell-off-in-history/
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source https://thereformedbroker.com/2020/03/23/fastest-30-sell-off-in-history/
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