Highlights
- The correction is well underway now, with the Value Line (average stock) already down over 5% from its recent highs.
- The Value Line is also now in the midst of major supports and only 15% of the stocks in the S&P 500 are about their 20 day average.
- In addition, volatility is starting to spike, closing in on levels that typically warn of an impending market low.
- All of this provides the ingredients for a temporary bounce, providing a. . .
