S&P 500, FTSE 100: January indicator a myth - Taking out Jan lows though a sign for a correction

If the S&P 500 and FTSE 100 take out key lows from January, we could be in for a 20% correction, was the view from Alessio Rastani, Independent Market Trader for Leading Trader, when he joined Nick Batsford on the Tip TV Finance Show to dispel the myth of january as an indicator for markets, and to show how it can be used. Topics Covered: FTSE 100, S&P 500, Correction Check out the rest of the video to find more about the January myth, and how to use it to tell whether we will see a correction based on moves in the S&P 500 and the FTSE 100.

FTSE 100, S&P 500, Correction, bounce, stock market, Indices, oversold, UK, US