The US markets have taken a hammering over the last week or so with everything going on.
Long term secular trend since the covid crash has broken so if we are going to see a descent market correction, we now have the signs and triggers to get it cranking.
The market index has run over 100% since march last year which is pretty hectic, a descent correction is needed and some new supporting structure wouldn't hurt in the long run but still expecting some more short term hurt from here.
Might be optimistic in my levels but not ruling out some more downage from overall reaction to current events and price action before we start seeing some heavy buying
Long term secular trend since the covid crash has broken so if we are going to see a descent market correction, we now have the signs and triggers to get it cranking.
The market index has run over 100% since march last year which is pretty hectic, a descent correction is needed and some new supporting structure wouldn't hurt in the long run but still expecting some more short term hurt from here.
Might be optimistic in my levels but not ruling out some more downage from overall reaction to current events and price action before we start seeing some heavy buying