I'll keep this short. Looking back the market rose on the following economic and political news.
Trump elected
De-regulation
Corp tax cut
Others I forgot???
Why has it been going down:
Interest rate fears
Trade war fears
Facebook problems
Future downward pressrure
Meeting with North Korea fails - fear of war. If it succeeds there really isn't any upside.
Donald Trump losing support of his base. He has become the Dems & Rep b*tch. He base and others are seeing it. People are tired of his blustering and no results.
https://www.nbcnews....t-trump-n859421
Muller investigation
Midterm Elections - the Rep. get killed. There is a very good chance Trump will be a very early lame duck and ineffective in his remaining time.
Business and Consumer optimism wanes.
Trade War fears
Did I miss anything?
I know this isn't technical analysis but the market has been trading off of these things recently.
As another poster said ... We may have seen a generational top.
Edited by Dex, 24 March 2018 - 10:20 PM.