Yesterday was the six-month anniversary of the bear market low of 3,577.03 in the S&P 500. We think it’s unlikely the moderate upswing since then represents a new cyclical bull market. However, with the evidence still weighing in at Neutral, we’re not betting the farm on that opinion.
Apr
13
2023
Checking In On The Rally At The Six-Month Point
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Bear Market Low Performance Moving Balance Indicator VLT Signals Breadth Thrust Fed Funds Treasury Yield CurveLogin
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