In this video I cover four charts that are concerning in the near term. Overall I continue to like the market, but in the near term there is reason to believe we have a mini correction coming.
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Useful. The volume and AD deserve watching. Overall the money center traders want a end of year rally, so we may get one particularly of the politicians do not get tangled.
http://stockcharts.com/c-sc/sc?s=AAPL&p=D&yr=1&mn=6&dy=0&id=p88753557426&a=308233758&r=584
AAPL could be a trigger, and it might make the correction larger. From Stock Charts
That link doesn’t work…or at least it doesn’t work for me.
Instructive. Have to watch for large support area S&P500 at 1900 were the market to do a serious giveback. Otherwise, yes does seem a corrective dip would help to keep the crowd happy and engaged this happy time of year. Shouldn’t be long until find out.