{"id":1697,"date":"2023-03-02T11:00:32","date_gmt":"2023-03-02T11:00:32","guid":{"rendered":"https:\/\/tradersontrend.com\/?p=1697"},"modified":"2023-03-02T11:00:32","modified_gmt":"2023-03-02T11:00:32","slug":"the-bear-market-is-about-to-end-according-to-this-stock-market-signal","status":"publish","type":"post","link":"https:\/\/tradersontrend.com\/h\/2023\/03\/02\/the-bear-market-is-about-to-end-according-to-this-stock-market-signal\/","title":{"rendered":"The Bear Market is About to End, According to this Stock Market Signal"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1697\" class=\"elementor elementor-1697\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2ae20980 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2ae20980\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-55316bc5\" data-id=\"55316bc5\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-345dbd7b elementor-widget elementor-widget-text-editor\" data-id=\"345dbd7b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.21.0 - 26-05-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>According to a rare technical indicator, the S&amp;P 500 is going to signal that the <a href=\"https:\/\/en.wikipedia.org\/wiki\/2022_stock_market_decline\">stock market downturn<\/a> that began last year is finally done.<\/p><p>After a 20% market fall, the S&amp;P 500 has recorded two consecutive monthly finishes above its 10-month moving average.<br \/><br \/><strong><span style=\"font-size: 24.5px; font-family: inherit;\">S&amp;P 500 Indicator<br \/><br \/><\/span><\/strong><span style=\"font-family: inherit;\">According to Urban Carmel, an investing strategy analyst at The Fat Pitch, the signal would be activated if the S&amp;P 500 closes February above 3,947.<\/span><\/p><p>The S&amp;P 500 was trading at 3,996 on Tuesday, with less than two hours left in the month of February.<\/p><p>For stock market bulls, the market signal has proven to be extremely dependable. <br \/><br \/>It has been triggered 14 times since 1960, and each time proved that the bear market low has already occurred. <br \/><br \/>That indicates that if the present trigger is successful, the S&amp;P 500&#8217;s mid-October low of just under 3,500 will truly be the bear market low.<\/p><p>&#8220;<em>Every time since 1960, the bear market low (i.e. after a 20% fall) has been in when the S&amp;P 500 closes above the 10-month moving average two consecutive months,<\/em>&#8221; <a href=\"https:\/\/twitter.com\/ukarlewitz\/status\/1630232262825631745\">Carmel stated in a tweet on Monday<\/a>.<\/p><p>The market signal was last activated in June 2020, which proved to be an extraordinarily beneficial opportunity to buy equities. <br \/><br \/>The signal was also activated in February 2012, July 2009, and May 2003.<br \/><br \/><strong><span style=\"font-size: 24.5px; font-family: inherit;\">February Correction Not a Concern<br \/><br \/><\/span><\/strong><span style=\"font-family: inherit;\">Carmel is unconcerned by the fact that stocks are set to fall in February.<\/span><\/p><p>&#8220;<em>The second month was red in two of the fourteen cases (like now). In both situations, [the] S&amp;P 500 moved on to a new [all-time high] (new ATH in 1972) and 1988 (new ATH in 1989), <\/em>&#8220;Carmel elaborated.<\/p><p>Nevertheless, if you zoom out more to include more data, the market signal isn&#8217;t completely flawless. <br \/><br \/>From 1940 through 1960, the signal was triggered three more times, with one of those attempts failing and the S&amp;P 500 retesting its 1948 low.<\/p><p>Yet, Carmel&#8217;s market signal is merely another positive technical indicator indicating that the worst may be over for investors.<\/p><p>Earlier this month, Anthony Scaramucci highlighted an under-the-radar technical indication indicating the start of a new bull market.<\/p><p><i>For More Stocks And Investment Related News, Click\u00a0<a href=\"https:\/\/tradersontrend.com\/\" target=\"_blank\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/tradersontrend.com\/&amp;source=gmail&amp;ust=1677720246604000&amp;usg=AOvVaw0WEf4Dow9Yn6ZzaaKWBU4h\">Here<\/a>.<\/i><\/p><p>\u00a0<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>According to a rare technical indicator, the S&amp;P 500 is going to signal that the stock market downturn that began last year is finally done. After a 20% market fall, the S&amp;P 500 has recorded two consecutive monthly finishes above its 10-month moving average. S&amp;P 500 Indicator According to Urban Carmel, an investing strategy analyst&#8230;<\/p>\n","protected":false},"author":1,"featured_media":1698,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[104,381,516,556],"class_list":["post-1697","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-newsletter","tag-bull-market","tag-market-signal","tag-sp-500","tag-spy"],"_links":{"self":[{"href":"https:\/\/tradersontrend.com\/h\/wp-json\/wp\/v2\/posts\/1697","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradersontrend.com\/h\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradersontrend.com\/h\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradersontrend.com\/h\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tradersontrend.com\/h\/wp-json\/wp\/v2\/comments?post=1697"}],"version-history":[{"count":0,"href":"https:\/\/tradersontrend.com\/h\/wp-json\/wp\/v2\/posts\/1697\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradersontrend.com\/h\/wp-json\/wp\/v2\/media\/1698"}],"wp:attachment":[{"href":"https:\/\/tradersontrend.com\/h\/wp-json\/wp\/v2\/media?parent=1697"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradersontrend.com\/h\/wp-json\/wp\/v2\/categories?post=1697"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradersontrend.com\/h\/wp-json\/wp\/v2\/tags?post=1697"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}