I'm sorry folks, to be bearer of bad news. Doomsday has struck stockmarkets worldwide twice in the month of March and May historically. Here we are right now starring at a possible third anniversary event - right on our doorstep. The US Stockmarkets that influence the world, is in a nervous state in the last 7 days or so. They're holding the tiger by the tail! Am I predicting a stock market crash? I am NOT! I'm saying that markets have a memory - and based on that psychological phenomenon, the probability is ripe for a sound second wave major correction. So - this post is not about technical indicators. It is largely about what is visible on the charts, and history! Play safe. Don't get hurt. Burn only cash you can afford to lose!