Another tough day all round. I'm still 63% in the green...

Another tough day all round. I'm still 63% in the green across my portfolio, but was 110% not too long ago. At least I'm still firmly in the green but it's not been all that pleasant to watch despite having the majority of my capital in cash and not tied up in stocks.

First support at 22c, then another at 20c so at least we've got some fairly solid support levels and there isn't an inherently large resistance on the sell side so we've got plenty of room to move up, but looks like another rough day tomorrow.

We are pushing towards a 10% decline in the ASX200 from the ATH of 7599 which is usually the level at which experts call a correction, with 20% decline from ATH considered a crash. Safe to say the NASDAQ has crashed, let's hope the ASX stays within the correction threshold. Once China comes out of lockdown I think that'll help somewhat, but keeping inflation under control is the biggy and getting the election and finincial year done and dusted should help somewhat too