To be honest, it is abit too early to tell which area should be the buy zone. Give it at 6-10 months. But below are the Fibonacci retracement levels. The 0.5 (4863) which is -20%. That is the area I will pay attention if it does come. That level is previous high (January 2022) which can act as very strong support.

I think recession coming in 2 quarters time. Finally, can deploy my huge cash pile! 

First level retracement 0.236 already reached. If dont hold and break below 5450, more likely to visit next level 0.382...5160.

market crash - accurate

Look like today possible will plunge the S&P into bearish.

With this sharp drop, will there be V-shaped recovery?

Many past situations show it will.

Ah you are using tradingview?

The chart is on weekly basis right, so the weekly volume data is only known one week after the recovery. That means we will always be behind by 1 week?

Ah you are using tradingview?

The chart is on weekly basis right, so the weekly volume data is only known one week after the recovery. That means we will always be behind by 1 week?

To be honest, it is abit too early to tell which area should be the buy zone. Give it at 6-10 months. But below are the Fibonacci retracement levels. The 0.5 (4863) which is -20%. That is the area I will pay attention if it does come. That level is previous high (January 2022) which can act as very strong support.

It is very strange. Suppose to be traders buying bonds when they sell equities but they're selling bonds as well,
causing yield to rise. Where are they putting the money? Cash only? 

Technically the rebound is well expected - Trump seems to be responding to S&P 5,100 as the floor, as himself and Bessent both tried to prop up the market yesterday.

The reality is far from the optimistic messages they sent yesterday. If the US can't get a deal done quickly with Japan, imagine how long it will take with China. With tariffs remaining an uncertainty for so long, the economy will see increasing pressure - growth slower, inflation building up, consumers reluctant to spend, corporates less willing to invest, etc.

My biggest worry is still the government debt. As the economy slows, deficits will likely go up. Higher deficits coupled with a weaker dollar will make refinancing much more difficult.

A few positive headlines might drive up the market, but none of the underlying forces have been changed.

its making a higher low before a higher high...

zig zag up is normal...

nothing to see here...

Bad gdp, bad adp, bad core pce. All bad.

Surprise it dint went down more or hit a circuit breaker

Been holding the following US ctrs for 2 -3 yrs,... never sold. Latest average prices :-
1) Nvidia : 129.02
2) Tesla : 250.21
3) Apple : 197.00
4) PennantPark : 11.67 (pays out dividend every mth )
5) Proshares Short BTC ETF : 8.82 (bought last year when BTC ETFs started to get clearance from the Biden Administration).

So,... no profit taken for me,... guessed I'm not a good trader.

Guess what is going to happen to the U.S stock market soon...

With that in mind, comes this article that was just published recently...

channelnewsasia(dot)com/east-asia/china-mediate-israel-iran-conflict-war-middle-east-risks-5188641

Guess how important it is for China to have the Middle East...