Had the market crashed the first time it retested the trendline in late February, that would have been the 1929/1987 analog. But to drip ever lower in the direction of trend, attended by human history’s largest boatload of bullshit, is something we’ve never seen before. In human history.
==, for as we see above, the umpteenth time in a row.
Be that as it may, this “retest” rally lacks somewhat the energy of the initial vault off of the 200 day. And of course it was a Wednesday when the 50 day retest failed:
“Last chance to buy the dip”