Follow up to Monday Market Mayhem | Three Minutes on Markets & Money 9/21/21

NOTE: Watch the video version of this report by subscribing to our YouTube channel: https://www.youtube.com/watch?v=GPkXrFPP9rI&list=PLVT8LcWPeAujOhIFDH3jRhuLDpscQaq16&index=1 (9/21/21) Markets achieved the anticipated 5% correction with yesterday's gap from peak to trough, and a violation of the 50-DMA. Slow grind downward has worked off over-bought conditions. Was this really the "worst crash since May," as bleated by the press? There were certainly similarities, but about half of the morning's losses were reversed by bulls buying the dip. Is there going to be follow-through today...and what happened the last time we saw a sell-off? Markets must get past the 50-DMA today or tomorrow, or there's more risk to come: What will the Fed do; what happens with Evergrande; how will slowing economic growth, shrinking earnings, and a lack of liquidity weigh on investors' attitudes? Can we repeat March's rally above the 50-DMA? Failure at that point will trigger a test of the 200-DMA, and a potential correction of 10%--which would be completely normal, historically. - Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts -------- Articles mentioned in this report: https://realinvestmentadvice.com/technically-speaking-the-market-cracks-as-bulls-failed-to-show/ -------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to RIA Pro: https://riapro.net/home -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #MarketCorrection #FedTapering #MarketLiquidity #Evergrande #Stocks #Trading #Rates #Money #Markets #Finance #S&P_5000