So with so many analysts out there screaming we are in a bearish stock market and a bullish stock market which one is it?
Do not listen to the news, the government or the gurus out there, most of them are "PAID" to lie.
To work out wheather we are in a bullish stock market and to see the real truth we do not have to go any further than the charts. They never lie!!! Always remember that.
The best chart to look at right now is the bull vs bear market indicator
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| bullish stock market |
As you can see the chart above is telling us that a bull market (or bullish stock market) began at the start of this year 2012 back in January. Now with 5 weeks left in the 2012 calendar trading year, nothing has changed, and we are still in what I would be calling a bullish stock market.
Now this does not mean we will just skyrocket up for the next 10 years, but you can see how well this bull vs bear market indicator has performed over the last 10 or so years.
There is no sign of the bullish stock market action ending just yet. For that to happen we will need to see a nice cross downwards of the blue and red lines.
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