The concern is that if the correction continues to, say, the $425B lvl, next supportive landing zone is $350B-$375B. The market is oversold at this point (shown by buy sell bars at bottom of the image), so the sole driver at this point is the panic-selling.
The concern is that if the correction continues to, say, the $425B lvl, next supportive landing zone is $350B-$375B. The market is oversold at this point (shown by buy sell bars at bottom of the image), so the sole driver at this point is the panic-selling.