Goldman’s Rubner Sees Correction in US Stocks Amid Weaker Flows

Bloomberg

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Goldman’s Rubner Sees Correction in US Stocks Amid Weaker Flows

The US stock market can flip into a correction territory as retail and institutional buyers are running out of steam, according to Goldman Sachs Group Inc.’s Scott Rubner, the bank’s managing director for global markets and tactical specialist.

bolsamania.com

Factuality

Ownership

Eye that the bassist figure of Wednesday is kept alive which is a reminder of the proximity of a correction. The levels of overpurchase are still very high so we keep waiting for a stop on the road that could extend to the level of 12,600 points. Its main trend is clearly bullish and after a stop on the road it is likely that we can end up seeing an extension of the climbs to the level of 13,500 points.