So, you're wondering, when is the stock market going to take off again? Didn't the market bottom in January and won't it just start up another bull run?
Maybe, but the charts are telling me something different. What they tell me is that the Standard & Poor's 500 is settling into a trading range of 1,300 to 1,365. The Dow and the Nasdaq charts offer similar hints. And that would actually be good news because it would imply a bottom is starting to form to the sell-off since October. For another look at the data, check out the Bonddad blog's analysis.
You'd better hope the market trades sideways for a while.
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