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Markets heading for significant correction: technical analyst

There’s a correction coming, and how markets deal with the aftermath is likely to set the stage for the rest of 2014.

That’s the outlook from David Tippin and Ron Meisels, the brains behind technical analysis shop Phases & Cycles. They paint a picture of an S&P 500 bull market that, while still strong, will turn five years old in March, qualifying it as “geriatric”.