That signal is the S&P 500 notching two consecutive monthly closes above its 10-month moving average after a 20% market decline.
The S&P 500 was at 3,996 on Tuesday, with less than two hours left in trading for the month of February. "Every time since 1960: Barring a close [below] 3,947, the bear market low has been in when S&P 500 closes above the 10-month moving average two consecutive months," Carmel
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It feels like this is clutching at straws after watching price movement at open today 😭