Not that this is news because market pullbacks only last hours at this stage of the cyclical bull market rally before rising to new record highs again.
The chart below shows we have reached the terminal stage of the market's advance where real pullbacks and fear are non-existent. It is a one way freight train upward taking every last spectator on board. While the market rolled over slow and steady in 2007-2008, the coming cyclical decline will likely be far more violent during the opening act.
Based on my personal criteria for investing in an asset group....
(1) fundamentally undervalued
(2) recent price decline
(3) negative sentiment
....the chart below would be what I would draw for you if I were to illustrate the most horrifying entry point possible for an investment.