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April Anxiety? The 7.5 Year Itch

Stranger things have happened...

Remember the stop-on-a-dime 666 lows of the S&P...

Well it's been 7.5 years again...

 

and we have extended an almost-perfect Fibonnaci 61.8% off the last high-to-low swing...

 

Charts: Bloomberg

h/t Brad Wishak