Index and Gold update Mar 7 2021 - Is this a market correction or start of something more sinister?

Is this a market correction or just consolidation? We analyze the potential impact to our trades.

Using a 15 minute price chart, we review the weekly progress of the indexes: ASX200, US500, Germany 30 (DAX), FTSE 100, China 50 (Xinhua) & Gold. Showing any new open and closed positions, profitability and draw down requirements.

Supporting videos:
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Money Management:
https://youtu.be/nvvcldeeZS4

Average Down Do's and Don'ts
https://youtu.be/SZbh2Me4kq0

Simple Trading Strategy with CCI and Avg Down technique
https://youtu.be/w35_YtV4YQU

Simple trading strategy https://youtu.be/ibVzRwCX-3Q
Average Down Strategy https://youtu.be/RFCb5S78D8o