Source: https://fred.stlouisfed.org/series/SP500
The SP 500, after closing down for 8 days in a row, is at 2088. A trendline on the lowest dips dating back all the way to March 9, 2009 (when it was at 676) shows that there should be support just below 2000 (call it 1975). So long as it stays above this level, the current correction is just a minor adjustment to the bull market. No need to panic just yet.
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