Going to have to disagree. I do believe we will have some form of a retest. And if we don’t.....awesome. I am good with that.
But again, we are in a bear market right now and also about to enter a moderate recession. The market is going to be very news sensitive over the next two weeks easy. And as job losses continue to mount, and the personal and business bankruptcies start becoming evident here and soon, the market will leg down. Maybe not to the March 23rd low......but at least close to it.
Either way I am 85-88% invested. So I do not care either way. But I have some cash sitting around and want to see a bloody day again to put it to work. Again IMO if you missed buying on the 16th, 18th and 23rd let that be a valuable lesson that you really need to be greedy when people are very afraid. Time tested and true long term strategy. Compliments of the great Warren Buffett.