We are approaching the end game for this correction. This is when the rallies don't hold for more than a day, if that. And you grind lower and lower until you make a sharp drop to finish off the selloff and form the V. These selloffs usually last 7 to 10 trading days. We are on trading day 6 of the selloff, so the final plunge should happen sometime next week.
Near the end of the selloffs, the favorites, like biotech, get thrown out with reckless abandon in an effort to de-risk high beta names. Should be an interesting Monday.
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