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adelriosantiago
6 Th02 2018 08:12
Important things to know after the S&P flash-crash
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AMEX:SPY
60
SPDR S&P 500 ETF TRUST
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6 Th02 2018 08:12
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:
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.
---
"Time is your friend; impulse is your enemy." - Jack Bogle
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