Chart o’ the Day: Testing the Lows (again)

Technicians focus on price levels because there is information about investor behavior and risk appetite contained within prices. My friend Jonathan Krinsky (MKM Partners) isn’t convinced that the ferocious bounce we saw in the US stock market represents the final bounce before this correction has run its course. He points to deterioration in uptrends elsewhere in the world, Europe for example, as well as the break ...

source http://thereformedbroker.com/2018/03/27/chart-o-the-day-testing-the-lows-again/