Is This A Correction Or A Crash?

📌📌Is This A Correction Or A Crash?
On 4 Jan We Assured Investors That “Buy The Dip” Was Still Alive. Watch Video: https://bit.ly/3mR62V6
January’s washout in stocks isn’t the start of a new bear market but rather just a painful move out of crowded positions
Oversold with pessimism extreme, the major equity benchmarks have been testing Monday’s intraday lows this week, apparently building a base to be followed by renewed rallying. The global bull market uptrend remains intact
Bank of America says the latest market inflows numbers show “zero capitulation in equity positioning” which clearly proves to you that this is just a correction
Point To Note: The January market decline is thus better described as a stiff rotational correction than the start of a new bear market
U.S. stocks rallied into the close Friday, buoyed by rebounding tech stocks, as the market is set to wrap up a roller-coaster week.
The Dow Jones Industrial Average rose about 565 points, or 1.7%. The blue-chip average was down more than 350 points at its lows. The S&P 500 added 2.4%. The Nasdaq Composite rallied 3.1%
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