Daily Archives: November 18, 2020

Warning: Stocks Are Three Standard Deviations Away From Their Average Historic Price

Let’s set politics aside today and focus on the stock market. From a technical analysis perspective, the market has become extremely overstretched and is due for a correction. The S&P 500 is trading above its monthly Bollinger Bands to the upside (red … Continue reading

Posted in Head Fake | Comments Off on Warning: Stocks Are Three Standard Deviations Away From Their Average Historic Price

Technical Setup: A Correction is Coming

Let’s set politics aside today and focus on the stock market. From a technical analysis perspective, the market has become extremely overstretched and is due for a correction. The S&P 500 is trading above its monthly Bollinger Bands to the upside (red … Continue reading

Posted in The Markets | Comments Off on Technical Setup: A Correction is Coming