# Market Snapshot

- Published: March 3, 2023
- Author: Laura McCue
- Category: Market Snapshot
- URL: https://whiteoakfinancialmanagement.com/2023/03/03/market-snapshot-3/
- Source: White Oak Financial Management, Inc., Asheville NC

> This is a client letter written on the date above, about the market as it
> stood that day. Cite the date when quoting or summarising it.

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**Current US Equity Market Conditions**

The Bullish Percent for the NYSE has reversed down in O's showing supply in control, falling stock prices, and investors on defense.

![](/images/2023/03/3_3_23_NYSE-Bullish-Percent-1024x442.png)

The US Equities Bull/Bear indicator using the S&P 500 shows continuing long term bear market since March 2022 and slipping down again.

![](/images/2023/03/3_3_23_Bull_Bear-1024x767.png)

Of the three indicators for US Equity Markets...short term weeks to months is negative, intermediate term months to quarters is positive, and long term Bull vs Bear is negative.

![](/images/2023/03/3_3_23-Market-Conditions.png)