The stock market is flashing some troubling sign
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The stock market is flashing some troubling signs, chart analysts say
PUBLISHED THU, MAY 14 20206:36 AM EDT
POINTS
The stock market is flashing some troubling technical signs, just as some major investors are warning about the market being overvalued.
The stock market has had a strong run, since late March, but it could be heading into a period of consolidation and choppiness after an important reversal Tuesday and Wednesday’s sell off.
Technical analysts are watching Thursday’s action for clues on whether the market is entering a period of correction.
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