trend reversal

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.

Numerous analysts have questioned the foundations of the current stock market rally, but the sagging economy hasn't stopped the rally from chugging into its ninth month. On Monday, the market charged out of the gate and held on to a three-digit gain all day. Though the rally has ground down all...