It's been quite a while since I've seen -3%, -4%, or even -6% on my screens.
These are HUGE price swings, and I'm still having trouble identifying why the global markets feel a major crisis has suddenly hit (unless it is all related to Kamala Harris).
This update shows you why I believe the US markets must attempt to find support near this 50% pullback range. If we can't find support at the levels I highlight on this video - then all bets are off and we could enter a much deeper price correction.
I'm still looking at the data, earnings, and other news. I see nothing that says CRASH.
I see US companies preparing for a tough summer - but still making profits.
I see the US moving into a hotly contested election.
I see consumers still spending (moderately).
I just don't see a CRASH event yet. So, I believe this is all a large panic move.
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.