5 key signal to determine whether market is pulling back

Just read a very interesting article online and decided to put the key point here for you to read. In order to determine whether is there a correction in the market, we can look at the following key points.

1. The strength of the economy must show signs of consistent growth (No market has shown consistent growth past two quarters yet)
2. Commodities and Oil prices must be consistently moving higher ( At the moment it is dropping)
3. Companies sales result must be increasing and profit achieve through increased sales, not just cost cutting. ( Companies are reporting profit due to cost cutting measures at the moment)
4. Investors sentiment plays a big part, when too many people are too optimistic about the stock prices to appreciate, it will usually go down
5. China stock prices must be increasing in order for the asia stock market to carry on rallying

The full article can be accessed here.