Here is how to tell if it’s a regular market pullback versus a serious bearish correction. I strongly disagree with those that claim market timing is toxic. Review this sample of eight of my charts. These types of tools have helped me side-step all the major corrections over the past 25 years. Focus on reviewing these charts at the major turns. You’ll see that you, too, can effectively separate a pullback from a correction.
At the risk of boring the thousands of subscribers who have already downloaded our Tensile Trading ChartPack and are familiar with these tools, I hope you’ll forgive me and let me indulge in a simple review. For those who have yet to download the ChartPack, go here.