The Fed policies always have had a indirect impact on the overseas markets including ASX, in saying that, the market correction was due to happen.
As we all know, nothing ever goes up linearly and the market correction is healthy in my opinion as it will really strengthen the next bull run.
The market is always growing and as I’ve previously said, there will be new ATH’s on the markets as we go forward. This is clearly evident on the ASX market as we’ve been hitting ATH as well.
Shorters would’ve been waiting for this correction.
Onwards and upwards.
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