Image Source: Unsplash
By any measure, the “Santa Claus rally” that historically boosts stocks through the end of a calendar year has failed.There are just a handful of trading sessions left in the Santa Claus rally period, but I still see folks hopefully scanning the horizon in hopes the jolly fat bull might appear… There’s a tendency among some to squawk about a bull market – then lean on the “greater fool” to save them.But I want to show you what the charts say.We’ll dig into the technicals of this correction and see if there’s a silver lining. We’ll run through four signs sellers throw off when they’re about to run dry.Video Length: 00:13:04More By This Author:Is Energy’s Pop A Warning?
The Bear Is Back And It’s Hungry
The Seven Days Of Christmas: Understanding The Santa Claus Rally