BullBear Trading: Stock and Financial Market Technical Analysis

November 2013 Blog Posts (1)

Wave 3 of New Secular Bull Market

Since the last BullBear Market Report, the US equities markets have undergone a Wave 2 correction of the first move in a new, primary, secular bull market that began in November 2012. While I continued to maintain a long term bullish orientation, the period since the May top produced a set of technical readings which strongly resembled conditions present at the 2007 and 2011 tops. I remained open to the possibility that a new cyclical bear market began in May but I continued to warn that if…

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Added by Steven Vincent on November 16, 2013 at 8:00pm — No Comments

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