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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 691.72-0.1%Jan 16 4:00 PM EST

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POKERSAM
To: yard_man who wrote (210571)4/12/2025 11:19:35 AM
From: Chip McVickar1 Recommendation  Read Replies (1) of 221958
 


TECHNICAL UPDATE


  • Looking back over 125 years of market data, single-day rallies like the one this week are not unusual in a bear market and certainly don’t mean the coast is clear ahead. In fact, when the DJIA has increased over +7.8% in a single day (as it did Wednesday), it has been in a bear market 65% of the time and 85% of instances occurred when the economy was in a recession.
  • So, we should not assume that Wednesday marked the “bear market low.

From Investec Research
https://www.investech.com/
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