Correction coming in 2016—here’s why: Technician

As investors hope for a Santa Claus rally, one technician says jolly old St. Nick won't be able to save stocks from a correction in 2016. "Our conviction lies that if you do get some seasonal year-end strength here, you want to sell into it," Oppenheimer's Ari Wald said on CNBC's "Futures Now" on Tuesday. "For the S&P 500 we are expecting a correction in the first quarter — that's where our conviction lies." According to Wald, a correction could be.......