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Market Might Be Setting the Stage for a Bigger Crash

John Parker
Market Might Be Setting the Stage for a Bigger Crash

In the previous part of this series, we discussed why investors shouldn’t fall prey to a minor market bounce back and enter long positions. Investors should remember that market rallies often witness downside corrections followed by a rally extension. In similar fashion, the market sell-off could be followed by a minor bounce back before the sell-off intensifies. Let’s find out what technical indicators are suggesting and explore some key support and resistance levels.