Tolik Hammer

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• Is this Market Top?

  By Tolik Hammer - February 8, 2013 | Tickers: AMZN, AAPL, KO, GOOG

  Famed trader William O'Neil profiled in Jack Schwager's "Market Wizards" series of books shares the following indicators to identify a market top:
  
  1. Average moves to a new high, but on a low volume
  
  2. Volume surges for several days, but there is no progress on price
  
  3. Leading stocks break down
  
  4. Fed raises rates 2 or 3 times in a row
  
  5. Advance decline line flails more »