• A historically accurate stock market indicator says selling has gotten way overdone - and it could be signaling a sharp rebound to come

    27 days ago - By Business Insider

    The stock market's relative strength index is a technical indicator that's historically signaled overstretched conditions and preceded reversals.
    The RSI on the S&P 500 recently fell to a level seen only once over the past six years, and past precedent suggests a sharp rebound should be in the works.
    When stocks fall too far, too fast, there are certain failsafe switches built into the market to warn investors of their overzealousness.
    Many of these fall into the realm of technical analysis, which is built upon the idea that past market gyrations are highly indicative of future...
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  • Charts Say A Stock Market Crash Could Happen Soon

    Charts Say A Stock Market Crash Could Happen Soon

    27 days ago - By ETF Daily News

    From Chris Kimble : Just over 3 weeks ago, I shared a chart looking at the divergence that has been brewing under the surface of the S&P 500. Since that post, the S&P 500 finds itself in a deep pullback, with other key stock market indices hitting correction territory at their lows.
    Today we provide another look at the divergence and highlight why it's time for investors to pay closer attention. In the chart below, we compare today's setup to 2000 and 2007 and the market crashes that followed. Note, though, that we have NOT broken trend support yet.
    Similar to today, in 2000 and 2007 the...
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