After the sharpest stock market correction of the year, which took place in yesterday’s trading session, it is time to review the bearish case. One day is not making a market, but the drop was important enough to consider it as a potential first bearish signal. Coincidentally, we see a double top pattern in one of the market darlings: Amazon. The stock price of Amazon has risen last October to the upper area of its very long term trend channel ($850). That was certainly a first sign that Amazon was topping at that price area. As seen on the chart,
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