The Key Event That Will Signal The Next Bear Market [SPDR S&P 500 ETF Trust] - Seeking Alpha
Eric Parnell has written an excellent article about how to tell if the stock market has turned into a bear or if it is just a head fake. Multiple breaks of the 200 day moving average of the S&P 500 is what signals a full blown bear market is on the way. Eric does not believe we are there yet because we have had only one break below the 200 day average in over a year. We need to be very watchful, though. We have the Ukraine situation that is not going away, China is faltering economically, and earnings will probably be mostly flat. Three breaks of the 200 day average, and I will probably be on the sidelines.
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