Is The Bull Dead?

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Current Position of the Market

S&P 500: Long-term trend – Has the bear market started?

Intermediate trend– The correction has turned into a short-term debacle which may not be over.

Analysis of the short-term trend is done on a daily basis with the help of hourly charts. It is an important adjunct to the analysis of daily and weekly charts which discusses the course of longer market trends.

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