Jordan Roy-Byrne CMT, MFTA on 2022-06-27 21:12:06.0
The S&P 500, after rebounding from its 40-month moving average is now enjoying a bear market rally. The potential upside target is the 200-day moving average. In 6 historical bear markets and others, the market rallied up to its 200-day moving average before declining to much lower levels.