High-volume resistance on the charts of the major stock indexes could stall the rally in equities, writes technical analyst Guy Ortmann, who says while the near-term charts and market breadth remain positive and lack sell signals, some clouds are starting to appear.
Bullish stock market trends remain intact but a few data signals are flashing yellow, writes technical analyst Guy Ortmann, who says those cautionary signals suggest the increasing likelihood of some correction or consolidation of recent big market gains.
Better Buying Opportunities May Lie Ahead thestreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestreet.com Daily Mail and Mail on Sunday newspapers.
Here s Where the Rally Leaves Us Right Now thestreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestreet.com Daily Mail and Mail on Sunday newspapers.