I remember when I first started to learn about trading a tool that an old friend of mine taught me to help understand market direction was to compare the sp500 to the price of gold. The two trade parallel to each other and as you can see the price of gold recently started to pick back up as the sp500 began to drop. Its no surprise as investors will run to a safe haven asset where they can store their money. I sold at the top of the sp500 and am glad I did! Many people thought I was crazy but too many signs were there and this looked all to familiar to the 2008 crash. I am not saying that will happen but we are obviously we're in a decline and not in a recession at the moment. My prediction is that crypto will become a new place to store cash as investors look for place to store their money. Its the perfect place as there is no issues with wild swings and market manipulation. It will be interesting to see where the decline in the market takes us this time. Tomorrow GDP comes out and it will be interesting to see the markets reaction to the numbers with earnings so mixed I almost feel like we might be in for a surprise!