Important Information for Visitors

Privacy Policy    Disclaimer   Contact Us

Home

© Copyright 2016 Topdown Charts Limited

ChartBrief 186 - Bear Market Indicator

February 7, 2018

Don't let the title put you off, this bear market warning indicator is actually giving the all clear.  This chart featured in the first exclusive Weekly S&P500 #ChartStorm on Twitter. It capped off a series of 10 charts which outlined the key macro and fundamental backdrop underpinning the stock market outlook. 

 

The overall conclusion being that this is a "healthy correction" or in other words a reset of extreme bullish sentiment and rising leverage.  Meanwhile, as this chart confirms, the macro backdrop is still solid.  Until indicators like this start to turn the risk of a bear market remains low in the immediate term.

 

The key implication being that this is likely a buying opportunity, even if some more water still needs to go under the bridge.  Nevertheless, it is a shot across the bows that we are entering into a new regime of higher volatility as the cycle matures and global central banks turn the corner. 

 

 

 

Follow us on:

LinkedIn https://www.linkedin.com/company/topdown-charts

Twitter http://www.twitter.com/topdowncharts

 

 

Please reload

Follow us for updates:
  • Twitter Social Icon
  • LinkedIn Social Icon
Subscribe:

Top 5 Charts Of The Week

Institutional Reports

-Weekly Macro Themes

-Global Cross Asset Monitor

-Monthly Chartbook

access our exclusive research for deeper insights:

 

>>  Become a Client  <<

Search By Tags
Archive
Please reload

Important Notice

We offer exclusive insights for institutional clients with our suite of multi-asset investment research reports, personalized service, & global perspective.

Take a trial today...

Become a Client