5 Weekly Charts Suggesting Market Correction May Be Ending

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Ishares Russell 2000 ETF,SPDR® S&P Retail ETF,Ishares 20+ Year Treasury Bond ETF

Stocks Analysis by Michele Schneider covering: US Small Cap 2000, iShares Russell 2000 ETF, SPDR® S&P Retail ETF, iShares 20+ Year Treasury Bond ETF. Read Michele Schneider's latest article on Investing.com

", I use weekly charts assuming that a longer timeframe rather than a Daily one to measure the market’s next moves and the macro, is better.Weekly phases combined with the incredibly accurate Family index and sectors, are super useful right now.However, the indexes and a lot of sectors popped off those lows. Keeping that in mind, here are 5 weekly charts indicating that the market correction could be coming to an end:have run up but into the resistance levels of last October.

Transportation does not hold Monday’s lows and selling off further-this is the surest sign of whether we see a recession coming.0Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events.

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