Big Price Moves, Even Up, Are Not a Sign of a Bull Market
Below the S&P 500 chart is a 1-period ROC (rate of change) showing the percentage moves each day.
Bullish periods are calm, typically having moves of less than 1.5% a day (based on closes).
Big moves to the uspide or downside typically only occur in corrections.
The biggest upside days in the market occur during bear markets!
Bullish periods are calm, typically having moves of less than 1.5% a day (based on closes).
Big moves to the uspide or downside typically only occur in corrections.
The biggest upside days in the market occur during bear markets!
Cory Mitchell, CMT
Stock and forex trading insights at tradethatswing.com/
Stock and forex trading insights at tradethatswing.com/