A global recession is right around the corner fellas (any weekend now we will have a repeat of 2008, but worst), because this time around we all went out of our minds.
We all signed up to the "earnings don't justify the valuation" gig, and now the big boys are cashing out. Same shit different year, different people murdered in the background, but the same ol play.
Nothing is ever what it seems. Watch out. Metals, Food and Energy are possibly your safest bet. DYOR. This is not financial advice. This chart I make for myself to reflect upon.
Looks like correction followed by 3-6 months of sideways action. We'll see. Safe trading.