Chart watchers diverge on outlook for stocks


Olde Hornet

Well-Known Member
http://www.usatoday.com/story/money...art-watchers-diverge-outlook-stocks/86770674/

Wall Street pros who analyze charts and price patterns to figure out where the stock market is headed next are divided on what the future holds for U.S. stocks: Some see trouble ahead, while others insist the market is still strong and on track to make record highs sometime in 2016.

Jittery global investors are wondering how things will play out in markets following the surprise decision last month by Britain to vote to exit the 28-nation — but single-market — European Union. Markets have been thrust into a period of high uncertainty, marked by a persistent drumbeat of negative fallout related to the Brexit vote.
 
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