Are Stocks Entering a New Bear Market?
by The Phoenix Stocks are on the ledge of a VERY large cliff. Anytime the S&P 500 has taken out its 50-week moving average (WMA), it usually falls to the middle of its Bollinger Band, if not the 200-WMA. In chart terms below, anytime the S&P 500 takes out the red line, it drops to the … Read more