🟨Successful FollowThroughD - Blueprint

S&P 500SP

Description

⋅ Dec 4, 2022 11:23 AM

Since 1971 we have had 6 "major" Bear Markets.

Average Characteristics of Bear Market
👉 Avg Length: 536d
👉 Avg Depth: -39%

Current Characteristics of Bear Market
👉 Length: 282d
👉 Avg Depth: -28%

But as I have shared before around the web - the Length and Depth depend wether we have a recession or not.

FULL ANALYSIS HERE (this part starts +17:00 in):
https://www.tradingview.com/streams/VAqZyA5yPI

How do Successful FTDs look like:
👉 Avg Gain in first 4 weeks: +6.46%
👉 Avg Gain in first 13 weeks: +12.07%
👉 Max Drawdown in first 13 weeks: -4.65%

Last FTD statistics:
🟥 Gain in first 4 weeks: +5.4%
🟨 Gain in first 13 weeks: +9.3% (so far we have more time to achieve average threshold)
🟥 Max Drawdown in first 13 weeks: -5.4%