I was recently at an event where someone suggested a simple Technical Analysis 101 of the current market. Today, I want to do that in one chart.
There are some simple theories in the market. When the market is going down, the volatility picks up. Using some of the most common tools of Technical Analysis, this market breakdown has been coming for a while. The point of this review is to identify signals that can help us spot the market trend and when it might end in either direction.