Athena Invest - Commentary
by Craig Love, on August 23, 2022
Bear Market Rally or New Bull Market?
Investors wonder about the current bear market and want to know if we are “out of the woods” or if there is “more pain to come”. The graphic below shows that the stronger the rally, the higher the probability that the bear market will end. After a 17.4% rally from the June S&P 500 lows, there is a low probability (3.6%) that the current rally will fail. However, if it does fail, the historical average decline from these levels to the ultimate bear market low would be 31% and take seven months. Read the Full Report
The Athena Market View, an interactive look at the current state of the markets and economy from four distinct viewpoints, is now updated. Explore Here
Source: Athena Invest
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