Strong down legs followed by weak up legs followed by strong down legs is what describes a bear market.

If the Stock Market Fails To Cross THIS Level, A Bear Market Will Happen!

Do you think that the signals are flashing RED right now? Or just short term noise?

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What if the stock market never reached its previous high and only went down from here? What would you do? Would the investors be ready to sell? Or will they hang on for dear life? Technical analysis is able to determine over or under-valuations within a particular time frame. This allows traders to profit accordingly. However, they never seem to be able to actually predict any outcomes. They simply react.

Dow falls in wild session as Wall Street fails to recover from sharp losses
www.cnbc.com/2018/11/13/stock-market-dow-set-for-rebound-after-tech-heavy-sell-off.html
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Amazon’s Move to Long Island City Sparks Condo Frenzy – WSJ
www.wsj.com/articles/amazons-move-to-long-island-city-sparks-condo-frenzy-1542116117
Virginia Lures Amazon for a Bargain Compared With New York – Bloomberg
www.bloomberg.com/news/articles/2018-11-13/virginia-lures-amazon-for-a-bargain-compared-with-new-york-city?srnd=premium
Starbucks to Lay Off 5% of Corporate Workforce – WSJ
www.wsj.com/articles/starbucks-to-lay-off-5-of-corporate-workforce-1542130200

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