The stock market is in for a bumpy ride. Will there be another crash? Correction? Crisis? In today’s daily stock market analysis we look at some very important charts to get an idea as where the market stands at this particular point in time. I use technical analysis to help tell the story of the stock market.
The stock market at this particular point in time seems to be very over extended and many stock market indicators are signaling that a stock market pull back has a likely potential. Has this massive bullish move just created another bull trap? Time will tell.
What I do know is that stock market crashes always provide some of the greatest investment opportunities. So it’s best to be prepared!