bull market

Al Brooks provides bar-by-bar analysis on a five-minute chart of the previous day’s prices action in the E-mini S&P 500. This is his analysis for Tuesday, Oct. 25, 2016.

An ounce of patience is worth a pound of brains.

I’m pretty much convinced gold has begun a new bull market, so it’s time to convert to bull market trading strategies and ignore the analysts still stuck in a bear market mind set.
Stocks are showing signs of institutional selling...
With the recent increase in EU power forward prices, the question arises about the connection to other recently recovering markets such as gas and coal
European stocks went up as tensions fell down and the economy began to bounce back.
Oil advanced for a fourth day--the longest run of gains since August. Gasoline rose, thanks to a strike.
Global markets went berserk today. How could that impact gold?

In anticipation of the new year ahead, we’ve pulled together 15 charts that we’ll be watching and might help guide our expectations for what 2015 has in store for us.

Corrections are supposed to correct bad, irrational and risky behavior. That didn't happen this time so perhaps the market is not out of the woods.