The sharp decline last Thursday was blamed on rumors of another White House resignation but the technical studies had warned of such a drop early in the week. The lack of additional selling on Friday is keeping many complacent but are there really any signs the correction is ending?
In my experience when the market has a prolonged rally that most are not expecting a correction often goes through several phases. Some buy too early and then are stopped . In today's article Tom will tell you the signs he is looking for from the A/D line analysis
"For decades, complacency has been the 'right trade' when it comes to North Korea," Goldman Sachs analysts said.