The severity of the selloff today has changed the outlook of the market. The important question right now is how long and how deep will the correction last. Is it time to get out the market? We are going to look at different indices an stocks to try to make sense of the madness.
Finally the DOW made an outside reversal week on 10/05/2018. This is the start of the seasonal correction. It is 14 weeks into the current weekly cycle that was started on the week of 06/29/2018. This correction against the January 2018 high does appear to be a selling off of a double top.
