As a trader one can be agnostic to long time frames. What an investor might characterize as a bear market should be to the trader simply another series of selling and buying opportunities.
On the daily S&P 500 chart, DI+ has just overtaken DI- for the first time in ten weeks. A trend trader could read this as a buying opportunity. Our account has gone long the market, with a steady finger over the Sell button in case the directional signal should reverse.
Note the dreaded "death cross" on March 15. Now feel free to ignore it. If it is worth paying attention to at all—we think not—its reliability is certainly diminished by the 200-day moving average not having gone into descent since mid-May 2020.
On the daily S&P 500 chart, DI+ has just overtaken DI- for the first time in ten weeks. A trend trader could read this as a buying opportunity. Our account has gone long the market, with a steady finger over the Sell button in case the directional signal should reverse.
Note the dreaded "death cross" on March 15. Now feel free to ignore it. If it is worth paying attention to at all—we think not—its reliability is certainly diminished by the 200-day moving average not having gone into descent since mid-May 2020.