It took about 3.5 years, from the last top in late 2007, to cross all relevant moving averages in early 2011, for us to confirm all the market bottoms were in. During that time, more than half of the market was lost in its last bottom compared to its last top. Expect same or worse in this 2022 recession, as more things will pop in this everything bubble. The current Triple EMA (TEMA) has only dipped about the same as during the pandemic, so we have only just begun the slow drop. Take care & keep looking for sectors, equities & ETNs that perform well in recessions, including the upcoming Bitcoin (BTC) Short ETF : BITI