Bulls Are Dead

Multiple heavy volume sell-offs, reversal, gap-down, breakdown occurred within 1-2 weeks that smashed Dow Jones index and all major indexes with more than -13% off from record high. It is very severe trouble that 10 years-old bulls are likely dead by now.

Please refer to the chart that even rebound at low level cannot fix the technical damage that is already done.

Defensive style trading or investment strategy should be applied to preserve, protect, survive for portfolio and capital.

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