WHY?
1. Rate hike news on March 15-17
2. 7yr seasonality average shows March 14-18 as a low point
3. Jewish holiday PURIM on March 16th
4. Full (Worm) Moon on March 18th
5. Spring Equinox on March 20th...major tops and bottoms have happened within 2 weeks of an equinox in the past but looking at #1-4 items I believe this is another confluence for a downturn.
Be cautious
1. Rate hike news on March 15-17
2. 7yr seasonality average shows March 14-18 as a low point
3. Jewish holiday PURIM on March 16th
4. Full (Worm) Moon on March 18th
5. Spring Equinox on March 20th...major tops and bottoms have happened within 2 weeks of an equinox in the past but looking at #1-4 items I believe this is another confluence for a downturn.
Be cautious