SYA - Chart, page-2234

I agree w/ wall street2. I believe this is a temporary pull back. There has barely been a dip in any US index > 3% for over a year now. The US market is way overdue for a pullback. Indicators don't point to a recession happening any time soon unless something out of the ordinary happens.
Year over year inflation in line with the past decade; yield curve has an upward slope; conference board leading economic index results indicate healthy growth this year; no evidence of rising unemployment insurance claims; payroll growth for 2017 as a whole was below the current cycle peak.
From what I have read I would believe we would not be in for a bear market decline > 20%.
I attached a very interesting snapshot of historical data from a newsletter dating back to last year. I think everyone would find it interesting. Of significance is the resulting duration of follow on rally after the S&P 500 reached the closing low. Hopefully the lithiums outperform the S&P500 too!