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