This is looking more like Black Monday in 1987 where the first two days were down days, then on the 3rd day it dropped like 20%. If this is the case then we may drop to either of the VWap levels.
As the price of Crude rises, other countries like China will have to sell bonds, then US dollar will rise and finally equities will have to fall. It won't make sense to hold equities as bond yields start rising rapidly
As the price of Crude rises, other countries like China will have to sell bonds, then US dollar will rise and finally equities will have to fall. It won't make sense to hold equities as bond yields start rising rapidly