Last year, this ” market wisdom” due to strong oversold in March. But this year we are already relatively high and overbought, so the likelihood of market weakness in May increases..
If the market does not let off steam by the end of April, then the correction can be decent. The value depends on how high the market rises. Rollback to 1150 least, quite likely to 1100-1125.
Trading and investing in the US stock market
Blog of a professional trader Good_trade . Trading secrets. Teaching. Investments. Cryptocurrency. Training Brokers NASDAQ NYSE