Eventually spy will collapse on to that long term growth line in white. For sure it will happen, not sure when, it could be by the end of this year or even next year.
We may have a bounce here and there, with high volatility. Fed meeting in March could accelerate or decelerate the eventual collapse.
Growth stocks have already collapsed more than 50% and may not recover, could see more drops. There could be immediate dead cat bounce in the coming days.
Be cautious moving forward.
We may have a bounce here and there, with high volatility. Fed meeting in March could accelerate or decelerate the eventual collapse.
Growth stocks have already collapsed more than 50% and may not recover, could see more drops. There could be immediate dead cat bounce in the coming days.
Be cautious moving forward.