Looking for some insights as to why the lower speculative end of the market pulled back today (for my portfolio at least). I trade a breakout system and getting many signals (especially for resources) over the last few days. For some reason today, they all went south. I notice this happens with some repetition.
Is this professional investors taking profits after a good run? Are there any indicators that suggest this is about to happen? It seems like everyone has agreed that today they are going to sell their shares. I am trying to determine what I am missing!
Any insights welcome