Armstrong: Decline Technicals
by Dave Armstrong suggests that it is a natural feature of markets that if a decline is severe enough, the market will take a long time to recover. The more … Read more
technicals
Technicals are just icing on the cake. The bear market has likely only just begun.
The S&P 500 broke down from a major top. The bounce was bold, but now a gap-fill, Fibonacci 61.8% retracement, and gravestone doji. Record valuations and macro picture are the … Read more