Well the market is officially in correction mode. All indicators are in the red zone. The FANG stocks are leading the way, plus apple, resulting in a downturn for tech. Hard to believe considering they were the darlings of the market a few months ago.
CNN's Fear and Greed indicator is firmly in Extreme Fear.
Bitcoin has dropped to $3,974!
We are still in stage 3 because the 30 week moving average has not turned down. It is flat at this point.
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