The S&P 500 crashed last week by 5.9% and 2018 is back to red territory, down by 3.3%.
Compared with February’s declines, which were no more than a technical profit taking pullback, this time, Trump provided the economic excuse by raising import taxes, and the Chinese response on Wednesday, added fuel to the fire.
At this point, we need to stop and think what the average investor would do to protect his capital? Buying the lows? selling? I would sell! Conclusion: I expect further declines.

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