"Is the bear market over? Hard to say, but a lot of the bad news was priced in. With a maximum drawdown of -28%, SPX discounted 85% of a typical 33% market decline and 78% of a recession bear market. I still like the 1946 counterpart-"
I cannot tell you for sure that the bear market is over bu what I can tell you is that a ne accummulation phase has taken place. We may see it goong down to its current support but I actually believe that thrre is an accummulation phase ongoing.