Bloodbath is not a derogatory term - it is commonly used in trading circles to describe a total catastrophic meltdown. Markets are about to panic for a number of reasons. As panic spreads there is usually precipitous fall in prices - as everybody rushes sell.
1. US-China trade war kicks into overdrive. 2. Tariff man has hit Mexico 3. Tariff man has squeezed India. 4. Tensions in North Korea continue in the backdrop. 5. Trouble with Iran brewing and not improving. 6. Treasuries yield fell two 2.1% today - the lowest since 2017.
Make no mistake the bulls are fighting hard, as greed and hope rule them.
Disclaimer: This post is not advice. DYOR. Your losses are your own if you make decisions on this screencast or come to feel influenced.