The market has dropped 6.15% in the last ten days. This is the longest decline for The Dow Jones Index in nearly 40 years. What started as a slow and steady decline in December escalated into a full-blown selloff. The Fed’s decision to lower its rate cut outlook, citing rising inflation risks, sent markets reeling.. I would buy the dip first. From a technical perspective, the Dow appears heavily oversold in the short term, and the TD Sequential Indicator on the daily chart is signaling a potential reversal. If the Dow stabilizes in the coming days, we could see a rotation from tech stocks to value stocks, with tech pulling back and value catching up. The market sentiment is slightly on the bearish side so do invest cautiously. Do due diligence before each trade. Thanks for sharing
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