Reported 6 months ago
Technical analyst Katie Stockton cautioned that the stock market must recover significantly by Friday to avoid triggering dormant sell signals, which could indicate a potential 10% correction. Despite a recent market plunge and a hawkish stance from the Federal Reserve, the upcoming seasonal strength may support a recovery. Investors are advised to monitor key indicators like the MACD and stochastics for sell signals before making further decisions.
Source: YAHOO