UBS Technical Analysts Who Warned Of Recent Crash, Warn Of Stock Market Reversal

Could a short term stock market reversal be ahead? On December 5, UBS technical analysis team of Michael Riesner and Marc Muller made a prediction a major stock market bear was about to thrash stocks. This was followed by the worst start for the stock market in history. Now, with stocks attempting to climb higher, Riesner and Muller have another prediction and market bulls are not likely to embrace their near-term analysis. Technical analysts who called stock market sell-off in December say resistance is approaching, stock market reversal ahead The recent stock market rally is not a long term bull run,…