Whether or not the overall market is currently making a top is debatable and something I will discuss in this weekend's newsletter (make sure you sign up on the blog's homepage). Nonetheless, I thought tonight's blog could discuss what investors should be looking for when analyzing charts as this could help investors in the days ahead.
Tops in stocks and markets are almost always a somewhat long drawn-out process. Therefore, there are often plenty of pitfalls for investors who often get sucked into believing that a short-period of weakness/retracement was in fact the actual "top". Investors of all stripes are often too quick in trying to protect hard earned gains and more times than not, all they end up doing is selling their positions out well before their investment reaches the real end to its current trend/move.