$SPDR S&P 500 ETF Trust(SPY)$  looks like going to open higher judging by the overnight trading activity. $US10Y(US10Y.BOND)$   retreated below 5%. 5% is likely the threshold set by algo trading to start selling. hence whenever us10y approaches 5% the market starts selling off. 

$FTSE 100(.UKX.UK)$   is the leading indicator of spy. they tend to trend in the same direction. however, spy may lag ukx by a few weeks. ukx has hit the support zone and is making a move higher. spy has also hit the support zone, but it still has a gap to close around 394. with so many headwinds (war escalation, inflation, us government shutdown looming, china property crisis, etc) blowing, i think this bounce is just temporary reflex action. 

do apply automatic investment system where you add shares at each 10% drop or at support zones if you know technical analysis. this way you conserve your capital while the stock is strongly downtrending. do take profit at 10% intervals or at resistance zones if you know technical analysis. this way you have capital to buy the dip. only applies to stocks in an index or warren buffett would approve. bon courage.

merci beaucoup@Asphen  for sharing your analysis

merci beaucoup@TigerWire   on the heads-up of topics to post

merci beaucoup@TigerStars   for reviewing our posts