The Art Of Detecting Market Turns

Trying to predict market trends over the near-term is like detective work. You have to decipher the clues of the markets, assessing a change in the demand/supply equation. Advanced technical analysis tools are instrumental.

I look for a variety of clues. Let me give you a few, explaining the action of Dec. 16, an extremely volatile day, and perhaps a short-term turning point. On that day, the markets had extremely high volatility, which often occurs on a turn.