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Well after seven days of weakness (including today), the market has now put in a 5% correction (on an intra-day basis). Will this be enough, as has been the case through the entire bull market, or are we finally in the middle of the market's first ten percent correction of this bull market? Only time will tell.

Note though, how the S&P 500 did test its lows (actually some could argue that it failed to hold) from Tuesday, before bouncing.

sp500 lows

Source: Market Has Now Put in a 5% Correction: Will it be Enough?