Summary
Phil identifies March 23 as a seasonal low on the Dow — a date that appears in the Seasonal Time Counts report. He notes the March 23 low was almost exactly halfway between the 2009 GFC low and the February 2020 top. He introduces midpoint resistance concepts and previews a larger 18.6-year panic year picture for the following day.
Key Claims
- The March 23, 2020 Dow low was a seasonal date per the Seasonal Time Counts framework. — confidence: high
- March 23 low was approximately the midpoint between the 2009 GFC low and the February 2020 top. — confidence: high
- Seasonal dates are most visible in emotional panic years. — confidence: high
- The first 50% retracement level is the first resistance target on the way back up. — confidence: high