#MarketPullback The term market pullback simply refers to a short-term downward movement after a period of upward movement. It means the market is "taking a breather" before continuing to hold (if the year is bullish). Therefore, the decline should be between 5% and 10%, and anything more than that could indicate a range-bound trend or even a reversal. In play, some of this decline is an opportunity to revert to higher levels, especially if technical indicators (such as the RSI or support levels) support it.