The Market opened relatively strong luring investors getting in just to toast them later afternoon. But volatility and weakness returned and the market lost another 37 points adding to yesterday’s 100 point losses.
We are now approaching 200 DMA which may work as a support:
A typical correction is 13% and it will take 4 weeks to recover from the correction (so the seasonal patterns say). Expect more pain in the next few weeks.
This post first appeared on Investing Into Stocks - Hello Suckers!, please read the originial post: here
