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| Market trends Project 365(3) Day 164 (Photo credit: Keith Williamson) |
For a bear market to start a bull market has to end. What constitutes a bull market? Is the roaring bear about to take over the weakening Bull?
A 20% move is commonly used to delineate a change of direction (a 20% drop is a new bear market and vice versa).
The S&P (SNP:^GSPC - News) has rallied as much as 30% since the October 2011 low and more than 113% since the March 2009 low. So when did the new bull market start? In 2009 or 2011? How long will it last?
Did the Bull Market Start in 2011?
A bull market can only start after a bear market. From May to October the S&P dropped 17.41% based on its closing high/low and 21.30% based on intraday high/low. Does this constitute a bear market?... continue to read.
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