Tag: Market pullback
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Buy the dip? WAIT for 200dma
Today China devalued their currency and the market selloff is reminiscent of August 2015 when exactly the same thing occurred. So we’ve seen this play before. Back then, the S&P500 dropped ~12% over a two week period. In 2015 the concern wasn’t tariffs or a Trade War, but rather a meltdown of the Chinese economy.…