So the Market index SPX seems to be going for a minor correction, if followed with major negative fundamental news we can see this going below the Logarithmic curve.
Ukraine - Russian War.
Chinese FUD
Fed and money printing issues ( Averted until Q1 Next year)
Government shutdown etc
Bond repayments.
Overall these indices affect the entire market, and analysis on indices should not be taken lightly.
My take:
We may see minor correction in the broader market or may have minor correction to be bounced off the curve.
But it wont be a full blown crash to 4000$ region or so.
Not financial advice.
Ukraine - Russian War.
Chinese FUD
Fed and money printing issues ( Averted until Q1 Next year)
Government shutdown etc
Bond repayments.
Overall these indices affect the entire market, and analysis on indices should not be taken lightly.
My take:
We may see minor correction in the broader market or may have minor correction to be bounced off the curve.
But it wont be a full blown crash to 4000$ region or so.
Not financial advice.
Comment:
My guess is we may likely even see it in March of Next year.