The day to day stock market jitterbug can undermine out conclusions and resolve in the short term, so it is always good to pull back and evaluate longer-term charts for a look at the big picture. At DecisionPoint our primary indicator for objectively defining a bull or bear market is the relationship of the daily 50EMA and 200EMA. When the daily 50EMA is below the 200EMA, as it has been since January 13, we consider the market to be long-term bearish.