Many breadth and sentiment indicators argue for a sustained correction in the stock market. The last three declines in the stock market over the past 6 years coincided with the three most recent significant lows in Gold and gold stocks.
Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold Premium, a publication which emphasizes market timing and stock selection for the sophisticated investor, as well as TheDailyGold Global, an add-on service for subscribers which covers global capital markets.