Hi traders, the S&P 500 crashed 3.8% last week. The pullback we waited for – it finally here! Is the trend about to change? Early to say. Stocks decline 80% faster than they move up. It looks dramatic, but keep in mind that from 2016, any such decline has been an excellent buying opportunity. Is it time to buy? No, because we never catch a falling knife. We have to wait for more signs. The pullback is bad news for investors, but it creates high volatility and therefore great for traders. I expected to have an interesting trading week!
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