Bear Market Rally Following History

Owner, The Daily Gold • Jul 22, 2022 at 9:05 AM EDT

The S&P 500 is rallying but following the historical path that other bad bear markets followed.

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The S&P 500 is rallying but following the historical path that other bad bear markets followed. Typically, there is a decline of around 20% and then a bear market rally that reaches the 200-day moving average. The S&P 500 has ~5% more upside before it tests the 200-day moving average. The average of 6 of the worst bear market suggests a secondary peak at the 200-day moving average in August.

Video Length: 00:12:32

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