Just 2 days ago I published about the very awaited correction in the S&P:
Today the picture is even darker. This looks more like a flash-crash rather than a "correction".
The most important things to know are:
I updated my yolk and white graph to better describe what could happen next. Remember that while the long-term picture is positive, the sell-off could continue in the next hours or days.
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"Time is your friend; impulse is your enemy." - Jack Bogle
Today the picture is even darker. This looks more like a flash-crash rather than a "correction".
The most important things to know are:
- That a market correction could be just what investors need.
- This chart shows what tends to happen to markets after a big plunge in the Dow like this.
- Also check on the three events in the next 24 hours that could determine whether the sell-off continues.
I updated my yolk and white graph to better describe what could happen next. Remember that while the long-term picture is positive, the sell-off could continue in the next hours or days.
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"Time is your friend; impulse is your enemy." - Jack Bogle
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.