It's bear market territory whenever we see more than 20% retracement from ALL-TIME HIGH. The first retracement from an all-time high is always 33% (that's almost 320 for SPY)
I have made a technical analysis on how to play the bear market. The two red lines I have outlined can help traders when to short and when to go long. I'm going to swing shares of SPY (long/short).
I have made a technical analysis on how to play the bear market. The two red lines I have outlined can help traders when to short and when to go long. I'm going to swing shares of SPY (long/short).