Stocks finally ran into some meaningful resistance close to the all-time highs - SPY has been in a corrective mode for the past 3 sessions. Stocks are very overbought on multiple indicators and are certainly ripe for a pullback, but bears are still having trouble sinking their claws in. How this pullback will unfold is anyone’s guess, but this week we will look at the examples of market corrections from 2011 and 2008 to see how they compare to today.
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February 2017
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