Heartbeat_Trading

Distant and Not-So-Distant Cousins

Short
Heartbeat_Trading Updated   
TVC:SPX   S&P 500 Index
Everywhere I look I'm seeing talk of a "new bull market"

But I don't think this is a new bull market

I think we are getting a visit from a distant relative: Ole' Cousin Bear Market Rally

Why do I think this?

Well, typical of "family", the members within share common attributes

In the next post we will talk about what some of those common attributes are in detail


Comment:
Comment:
Near term expectations

Comment:
Lets see how this plays out

Comment:
Market generally progressing as expected.

Its possible all of Wave (C) is complete but the market appears to still want to rally a bit

Lets see

Comment:
Zooming out a bit to better see the move we are tracking

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.