No. of Recommendations: 1
Only 1950 and 1980 saw events that were quickly followed by a significant correction -- defined as a move downward in the market of 10% or worse.

FWIW the downward case would seem to be the most likely direction from a technical point of view.

Looking at slopes of large, mid, small and microcap Russell index funds only Large Caps have a positive 21day slope. One day of price above the trend of top 200 doesn't give me a strong positive feeling.

Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.