US Equity Bear Approaching Confirmation Point

2018-12-05 · by Brandon J. Ferro · in Bear Market, Cycles, Equities, Indices, SPX, Technical Analysis

Below, note that the SPX has been flirting with cycle trend-line support off the 2009 lows for the past few weeks at inset (1). With yesterday’s massive reversal off the Trump-Xi “truce” spike on Monday, we have now definitively broken…

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