#MarketCorrectionBuyOrHODL
Predicting a market correction isn’t easy. They can and often will happen. Technical analysis can help uncover potential correction points by looking at current price data compared to support and resistance levels.
If a security keeps breaking through a resistance level but dropping quickly, the market could be bullish but volatile. These could be the ideal conditions for a correction.
Another way to look for possible correction points is to compare one market to another. For example, if you’re trading energy stocks and the price of oil suddenly drops, this could impact your stocks.
