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CFcryptoTA
Jun 23, 2022 9:00 AM

SPY either outlier or on perfect course  Long

S&P 500SP

Description

You can see there is a strong difference between the real cyclical bear market and the current correction. Also the primary bull market last 25 years last time from 75' till the 00'. We are now at around half cycle (13 years in). Last cycle SPX did 20x since cycle low the cycle before was around 13x (if data reliable), now we have just done 6x really underperforming. The 52 weeks MA has been the support of the bull market cycle as you can see in the chart. Hence I doubt the current correction will last for much more.
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