#MarketPullback A market pullback refers to a temporary decline or dip in the price of an asset, index, or the overall market after a period of sustained upward movement. It is typically seen as a normal and healthy correction within an ongoing uptrend, often caused by profit-taking or minor market adjustments.

Key Characteristics:

1. Short-term: Pullbacks usually last days or weeks, unlike larger corrections or bear markets.

2. Mild Decline: The drop is typically between 5% to 10% from recent highs.

3. Healthy: Indicates a chance for consolidation before the market resumes its upward trend.

Causes:

Profit-taking by investors.

Overbought conditions.

Release of minor negative news.

Market sentiment shifts temporarily.

How to Respond:

Long-term Investors: Consider pullbacks as potential buying opportunities.

Traders: Use technical indicators (e.g., moving averages, support levels) to identify if it's a pullback or