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trader_boulder
Mar 28, 2016 2:52 PM

We're still in a bear market Short

SPDR S&P 500 ETF TRUSTArca

Description

Recently somewhere on bloomberg or yahoo finance, some article said something to the effect of... "it's common to have rallies in a bear market"

Well... look at what's happening now at the green line (down trend on this 5 year chart)

Make sure to look at what TLT and UVXY are trending towards to get a good idea of over all market direction.
Comments
pedroscott
Looks like you are right!
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