snipdapipz

S&P bear market incoming?

Short
TVC:SPX   S&P 500 Index
Very turbulent times we're in and the market appears to be extremely optimistic and the end of a bull market is when everyone is bullish especially mixed with not just 1 strong bearish catalyst but 2 (Covid-19 and a very heated election)! I posted a similar analysis on the DOW last week and I see the same thing for the dow. My advice is not to pull out of your stocks but, be aware that if we do go into a bull market it can last anywhere from a couple months and up to 3 years. If that does happen just don't look at the market until the economy recovers and then start investing again when prices are discounted. You can see where I believe the market will bottom out. The stock market will most likely recover like it has since its creation but, we just don't know when. Good luck investors.
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.