S&P 500 / M2SL failed test of ATH

The S&P has been rejected from the non-inflated ATH from just before the pullback in 2020.
Is this the initial sign of a bear market or will we push through it relatively soon?
Is this the initial sign of a bear market or will we push through it relatively soon?
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.