SPX Retracement January 14, 2009 12:06pm by Barry Ritholtz > Since the lows back in November, the S&P500 ran up from 741 – 935 (intraday) or a gain of 27.3%. It has since retraced half of those gains. 842 in the SPX cash is the 50% retracement of the rally off the 741 November 2008 21st low. Spread the wealth. twitter facebook linkedin What's been said: Discussions found on the web: Read this next.November 28, 2008 Krugman: How did a few failed banks add up to a financial meltdown? November 16, 2015 New Site: Bloomberg’s GadflyFebruary 21, 2012 My Seinfeld Year Posted UnderUncategorized Previous Post Automobiles: The 2009 Detroit Auto Show Next Post Cumberland on Currencies; Gartman on Geithner; Kotok postscript on Geithner.