timsmithinvesting

timsmithinvesting

Chart shows a historical reversal line when in a bear markets. When only 13% of stocks trade above the 200ma, this signals the beginning of a bull market.

timsmithinvesting

Historic data of stocks trading above/below their 200 MA. Jan '21 almost 90% of stocks traded above their 200 MA. Currently, 32% of stocks trade below their 200 MA. Although this downtrend is likely to continue. Historically speaking, stocks could see a reversal of the trend in the next 3 to 12 months.