Runaway Bear Market Blows Past Everything Meant to Slow It Down
- History on past market cycles shows more pain may be ahead
- The 50% trading indicator fails to work as S&P 500 sinks anew
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Unwavering profit projections. Benign chart patterns. Big hedges in the options market.
All the things that bulls expected to put a brake on the worst equity selloff in 30 months have just summarily failed.