RE: US Stocks Breakouts & Breakdowns - SP500, NYSE, & Nasdaq Stock Charts
Interesting fact is that if the stock market rallies over 50% from bottom, the bottom is in and bear market is over (we have rallied 50% right now so need to see if we can get over 50%). This has happened 20 of 20 times in the past. This data is from legendary trader Larry Williams who on March 17 became bullish and called the market bottom. He does not think we will see another low based on all his technical indicators.
https://www.youtube.com/watch?v=eAaPIW8GLy4
Here is Larry Williams saying the bear market was over March 17 with all his data to back him up (he called the bottom right before it bottomed):
https://www.youtube.com/watch?v=ztk3Ti-4yO4