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Indexes face increased risk of breaking below today low, Linda Raschke notes

Indexes face increased risk of breaking below today low, Linda Raschke notes
Indexes may break below today low

Linda Raschke, founder at LBR Asset Management, comments on current market patterns, describing a range expansion day and pointing to good odds that indexes may move below today’s low.

Her analysis suggests that traders should watch for potential downward movement across market indexes as continuation patterns develop.

Raschke recently highlighted buy signals emerging in Russian stocks while maintaining a bullish outlook on gold and a continued downtrend for crude oil in a previous analysis. She also observed that 109 shares reached new all-time highs and 117 fell to year-to-date lows, advising caution amid mixed market breadth in an earlier report. These observations provide additional context to her current caution on potential market downside.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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