‘Top’sy Turvy – Is the bear market upon us?

‘Top’sy Turvy – Is the bear market upon us?
October 30, 2014 Market Traders Institute

Article by Chris Pulver published on Invezz

Traders have most likely taken notice of the recent explosion of volatility in a variety of financial markets. The global markets have been painfully indecisive for the trend traders with bi-polar daily movements and a fierce battle between the bulls and the bears. Commodities have been plummeting to fresh lows on the stronger U.S. dollar. This situation could mean that traders have very important decisions ahead if this becomes the short-term norm for the markets.

This decision: to stay out or get involved. It is always difficult to assess explosive volatility because traders often wonder if it will be sustained or if it is simply a hiccup of indecision or a correction out of necessity to a larger and more grandiose bullish movement. Structurally and technically, the equities markets are showing true signs of a top and selling into rallies may be the best play to finish out the year.

Image courtesy of Invezz.com

Click here to see this detailed chart and read the full article on Invezz.

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