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markethunter888

A massive bear market rally has just begun

S&P 500 Stocks Above 200-Day Average (INDEX:S5TH)  
markethunter888  
INDEX:S5TH   S&P 500 Stocks Above 200-Day Average
Breadth Indicators
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breadthstudies
What I've shown in this video is an indicator to determine market breadth. When breadth reaches the extreme lows (like it did 2 weeks back), massive multi year bottoms have followed. However, this time I think it'll just be a multi week bear market bounce as we are in a long term bear market.

TAKEAWAY: SPY could go up to ~430 which would translate to ~17% rally from the bottom. Time frame is approximately early August.

Idee correlate

markethunter888
...and now starts the final wave of a panic selloff
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