Macro-Monday
The market sell-off has shown up in a big way in our weekly Sector Trend analysis. The leaders are defensive. The SPY power gauge ratio remains bearish, however less so than late last week. Which got us thinking. What is typically, the lowest power gauge ratio we have seen over the last several years during these type of market events and what has the market looked like 6 months later.
So, we did some quick math. Since we started tracking the bull bear ratio back in 2014, during pull backs, the ratio has been bottoming around .20 ( sometimes lower, sometimes higher) Taking the 5 worst power-bar ratios since 2014, what did the market look like 6 months later. Join us to follow along with our analysis. WATCH HERE
So, we did some quick math. Since we started tracking the bull bear ratio back in 2014, during pull backs, the ratio has been bottoming around .20 ( sometimes lower, sometimes higher) Taking the 5 worst power-bar ratios since 2014, what did the market look like 6 months later. Join us to follow along with our analysis. WATCH HERE
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