Anatomy of a bear market

Updated

Since most people here won't have traded a bear market

I thought it was worth looking at the last one

GRI 2022

TRADE AT YOUR OWN RISK

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The 00 bearmarket resulted in circa 45% down over a couple of years

The GFC crash was from the same level but was swifter, with more than a 55% drop over less than 2 years

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It took 13 years to make a new high

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The 2000 drop was preceded by an extended period of bearish divergence and a broken major trendline; with a few months of sideways and an ascending triangle

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The 2007 drop was more sudden and deceptive; and probably was traded as a pullback by most

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this monthly candle seems pretty important...

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i'd say on the basis of the monthly pa it would want to test at least the top of the shooting star from November

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Monthly candle wick from Nov is the target from this monthly idea

But the PA could portend something spectacular as above

Let's see what happens

NOT TRADING ADVICE

GRI 2022

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Great_Reset_Investing

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