Today China devalued their currency and the market selloff is reminiscent of August 2015 when exactly the same thing occurred. So we’ve seen this play before. Back then, the S&P500 dropped ~12% over a two week period. In 2015 the concern wasn’t tariffs or a Trade War, but rather a meltdown of the Chinese economy.Continue reading “Buy the dip? WAIT for 200dma”