Market Flash Update

Overview: The markets are experiencing a sharp correction across multiple asset classes in a short span (~90 minutes).

Key Highlights:

• Gold: -3.76%, ~$1.34T wiped out

• Silver: -8.5%, ~$400B wiped out

• S&P 500: -1%, ~$620B wiped out

• Nasdaq: -1.6%, ~$600B wiped out

• Crypto Market: -3%, ~$70B wiped out

Analysis: This is a rapid, broad-based sell-off, indicating strong risk-off sentiment. Momentum is currently bearish across equities, commodities, and crypto. Short-term volatility is elevated, and traders should monitor key support zones before considering new positions.

Practical Guidance:

• Avoid chasing bottoms during high volatility.

• Observe critical support levels (e.g., S&P 500 ~$support, Crypto key zones like $CLO $0.078–$0.070).

• Look for stabilization and consolidation before planning entries.