Desktop Stock Ticker | Choppy SP500, Gold Stock Meltdown And Dollar Strengthens

Choppy SP500, Gold Stock Meltdown And Dollar Strengthens

For the past few weeks I have been expecting the market to correct. By looking at the price action on the weekly and daily charts we can see that there has not been any real pullback since November and that is important to note. Without regular market corrections <a href="http://www.desktopstock tickertickeronline.com/the-best-3-free-desktop-stock ticker-tickers/”>desktop stock ticker tickers start to become over bought meaning everyone has/is buying them and no real sellers have jumped off the trend. So when the price in an over bought market starts to slide lower we generally see everyone rush to hit their sell buttons. This is what causes the high volume breakdowns similar to the GLD (Gold) breakdown last December.<a href="http://www.istock tickeranalyst.com/article/viewarticle/articleid/3797536″>[More...]

Related posts brought to you by Yet Another Related Posts Plugin.

-->

Filed Under stock market news | Leave a Comment

Tagged With

Comments

Comments are closed.

Powered by WP Robot