pullback

Additionally, the chart support created by the low of the pullback from the first peak in each colored area was successful in stopping the decline from the second peak.

Last week, General Motors said the EV pullback would cost it $1.6 billion.

Citi says stay long gold, but be aware that the recent sharp run leaves the price extended, and it may be vulnerable to a pullback.

None of this is to say the sky is falling—it isn’t—but it does increase the chances of a substantial market pullback.

Part of that is certainly because of the AI effect, which could leave investors concerned about any pullback if it were to unwind.