Record Market Highs and Corrections
HoweStreet.com AUDIO INTERVIEW of ROSS CLARK
Snippet from February 16, 2017 Chartworks
There are several Sequential signals. The Dow has a Sequential 9 Sell Setup and the S&P generated larger Sequential 9-13-9 Sell Setup on the 15th. The S&P also had a Combo 13 on the 14th and TD13 on the 9th. These are indicative of a trend that is either a prime candidate for a correction or ready to top out. They were commonly seen at the interim highs in the first calendar quarter of the five post-election years shown below.
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