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The Tell: Will this ‘buy, cry, die’ chart pattern signal a stock-market bottom?

Have stock-market bulls thrown in the towel, capitulating to the tech-led selloff that this week saw the S&P 500 and Dow Jones Industrial Average erase their 2018 gains while pushing the Nasdaq Composite deeper into correction territory?

That’s an important question because identifying the bottom of a market washout is a contrarian process. And Tuesday’s damage, and the growing alarm around the selloff in the media, has some investors ready to argue that the worst of the carnage may be done.

Opinion:Here’s how to tell if stocks will enter a bear market or rise to new highs

In a Wednesday note, Andrew Adams, analyst at Raymond James, pointed to a string of alarming headlines across financial news sites (including a couple from MarketWatch), and a host of other observations that he said offer “promising signs that have prevented us from losing all hope.

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