It is normal for there to be corrections with a generally bullish market, which we’ve been in for 6 years now and I believe will continue.
The chart above does NOT mean our RED line will continue, as it could be the end of the bullish trend. I don’t think so, but it’s possible. I’ve made the argument many many times why I’ve come to my conclusion (see previous newsletters and videos going back 2 to 3 years).
We have 4 months left in the year, but more importantly, if you’re invested in the stock market in any way, you should have years in your time horizon