It will often form positive divergences at correction lows.

FORBES: Is the Bull Market Over?

"A lot of investors are positive in looking for correction, and they are poised to take advantage of good data releases, which is what we had in the U.S. overnight, " said Naomi Fink, strategist at Jefferies Japan.

WSJ: Asian Shares Rise

This allows for a further correction within the positive intermediate-term trend.

FORBES: Weak Energy Sector Powers Stocks Lower

And many in China will see a 10% or more correction in Shanghai real estate as a positive.

FORBES: China Hard Landing Call Getting Crowded Out

This is positive for the major trend and indicates that a deeper correction will be a buying opportunity.

FORBES: Worse Than A Yellow Flag Market?

However, from a sentiment viewpoint six months of positive momentum is now feeding into the share price, suggesting a correction is due, unless RIM begin to manage reputation more actively.

FORBES: Why The RIM Share Price is Headed Up

Though it is still much too early, I will watch to see if any short-term positive divergences are formed that will help us identify the end of the correction.

FORBES: Why Panic Sellers Could Be Sorry, Part 2 (Updated)

So my forecast for 2011 is an correction early in the year, a temporary recovery, then a more significant correction, followed by a substantial rally off the low to produce a positive year.

FORBES: Take Some Profits, Hold Some Cash, Buy With Both Hands Later On

As I noted last Thursday, it is my view that commodity correction should end this summer, providing a buying opportunity into what I see as a positive long-term trend.

FORBES: The Week Ahead: Is the Worst Over?