Helene Meisler writes a daily technical analysis column and TheStreet Top Stocks. For more information, click here. Meisler spent more than a decade on the sell side as a market technician covering institutional accounts at various investment banks in New York City, including Cowen & Co. and Goldman Sachs. In addition she worked at Cargill in Minneapolis where she managed equity money for three years. She received her bachelor's degree in business from Pace University.
Recent Articles By The Author
But then I'd expect another rally attempt.
On Monday Wynn crossed the downtrend line and that's quite a change since I don't have many charts that have done that.
As you can see sentiment is sour and we are oversold.
We take a closer look at whether the current market decline bears similarity to the drop of a few years ago.