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nahidik
May 11, 2016 8:04 PM

Is the S&P 500 due for 50% correction? 

S&P 500 index of US listed sharesFXCM

Description

Of course it is, maybe now maybe later.
The chart shows the last major movements in time and distance. It has been stumbling since last year.
We all know it is coming just nobody knows when.
Perhaps 2016 perhaps 2020.

Not a trade just food for thought
Comments
rajboshmahal
Still new to trading, but I think similar to last two cycles, they will hold the market up as long as possible till after the election is over. Prob early 2017 correction
nahidik
That is a very good point. Politics and trading - feels so dirty but a fact of life.
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