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  • Rally to Fail, Correction to Follow: Charts

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Rally to Fail, Correction to Follow: Charts

Rally to Fail, Correction to Follow: Charts

“This rally should fail in the next couple days (and stocks will) resume the move down,” Bill McLaren, independent trader, told CNBC Friday. This move down will take at least three weeks to complete, he said, adding that “this will be followed by a strong trend up to complete in 2010 for a significant top.”

CNBC | November 6, 2009Watch more videos from CNBC

Tags:. .cnbc. .mclaren. .trader. .rally

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