Technical analysis avoids examining news and fundamentals -- it just looks at various trends and levels. And right now, the movements of key technical signals in the U.S. stock market are extremely negative.
With the markets off their recent highs and volatility picking up, investors have to ask: Is this just a brief dip in the uptrend, or a more ominous change of trend? Many analysts are emphasizing the bullish case, based on the gathering global economic recovery. But some of the key indicators suggest a different story.