Corrections, by their very nature, look bearish.
Corrections, by their very nature, are difficult.
Corrections, by their very nature, are either:
• Short-lived, followed by bullish continuation; or
• The start of a deeper/longer pullback or bear market
Said differently, every bear market starts with a correction, but not every correction is the start of a bear market.
Read that sentence 5 times.
For investors/traders who are solely focused on technicals, they are likely to get bearish during every correction because they are forced to recognize the objectively bearish price action that occurs during a correction...
This is going to be the intro of my upcoming report, which I'll publish later today (Sunday) for premium members of Cubic Analytics.
If you want to read more and understand how I'm approaching the current market environment, click the link in my bio to sign up.
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