In the last trading lesson, Tell Tale Signs of a Correction, I explained how combining the analysis of the weekly and daily A/D lines can warn you in advance of sharp, double digit corrections.
At the time of the original article, I pointed out that there were no signs of such a significant correction but pointed out that a good trader or investor should always be on the lookout for the warning signs. Since then, most of the major averages have made further new all time highs.
Now, the warning signs differ from correction to correction and 6-10{01de1f41f0433b1b992b12aafb3b1fe281a5c9ee7cd5232385403e933e277ce6} can often be more difficult to spot in advance. In this continuation of the original article, I would like to review some recent examples of three corrections that have occurred in the past ten years.
