All Entries Tagged With: "Correction"

Oversold Bounce or Higher Low?

Following an impressive surge higher from early October, the market has finally taken a breather.  The pullback of the past week has offered at least a short-term change of character that has my attention - and yours as well, I’m sure.

Reversal Characteristics & Candidates

Stocks can reverse suddenly or slowly.  Sometimes it takes place in one big bar, and other times it’s a process that occurs over time.
Because there are differences in how downside reversals can happen, after running across a couple of reversal candidates in the charts, I wanted to share a couple here on the blog.
Uptrends will [...]

21 Questions from Last Week’s Chat

Last week’s trader chat generated quite a few questions.  A number of them we were able to address during the chat, but many more went unanswered.
If you were in attendance and didn’t get your question answered, look for it below.

Clues to Observe for a Market Correction

Is this market due for a correction?

That’s the million-dollar question right now for many, so why don’t we examine a few clues to watch for just in case.