The stock market is showing signs of a potential 10% correction, according to a leading market technician, despite the ongoing rally. What Happened: Piper Sandler’s chief market technician, Craig Johnson, has warned of a potential 10% correction in the stock market. This prediction is based on a series of technical signals indicating that the market may not be ready for a significant upturn, reported Business Insider. “You can see that after that big run off of the October 2023 lows that we’re now pressing to the upper end of the very well-established 18-month price channel,” Johnson said, spe…
