The market trend in October is expected to show a pattern of first decline and then rise, opening the curtain for the second half of the bull market. For those who are temporarily trapped, it is crucial to keep a calm mind. After a long period of rise, the market generally expects a correction, which may be the best reason to adjust and clean up those unstable long positions.
The market will not only rise but not fall, nor will it only fall but not rise. It is normal to have a correction after a period of rise. If you continue to be optimistic about the market outlook, then the market decline is your opportunity to increase your position. On the contrary, if you are pessimistic about the market outlook, no amount of analysis and suggestions will change your view.
History often has amazing similarities. I personally think that this decline may be the last wave of adjustment to the peak bull market, and everyone should boldly seize the opportunity to buy at the bottom.
Driven by the expectation of interest rate cuts and the uncertainty of the US election, the market faces more variables. With all kinds of expectations, there is no reason for the market not to rise.
