The S&P 500 is now down almost 32% in four weeks and the NASDAQ 100 down just over 27%. This is an unprecedented decline from a new all-time high in such a short amount of time.
Monday started the week gapping well below the prior Friday's bullish reversal.
Monday's bearish close looked like follow-through to the downside was a sure bet. But this crazy market did just the opposite of what would be the norm with such a bearish day.
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