From my previous posts, you can tell that I'm pretty bullish on equities (especially Asian markets). The huge fall in US equities to me looks just like a normal correction after a very long bull run. Asian markets fell a few months earlier than the US and it just seems to me like the US is just playing catching up. I am bullish but at the same time remain ready at...
While it seems that most people are leaning towards bearishness on the US stock markets, this could be the US taking a break (after a very long run), while Asian markets especially China and Hang Seng index start to take the lead in equities. Chart patterns can always move both ways. A head and shoulders pattern can also be a bullish indicator.
