Today, Israel attacked Iran. Markets are selling off but with most such attacks between countries including these two, market selloffs are typically short-lived so can be buying opportunities. But of course, trying to catch a falling knife can be challenging so it is best to wait for price/volume patterns that offer logical entry points such as undercut & rally we saw on October 10, 2024 in Bitcoin, days after Iran attacked Israel on October 1, 2024 (see red box below). Markets sold off aggressively then quickly stabilized.
On the NASDAQ Composite on October 1, 2024, the selloff was also contained.
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