The Traderszone Network

Published in TZ Latest News 24 July, 2016 by The TZ Newswire Staff

Bull Market: How Old Is It?

The stock market (SPY) has: (1) advanced over +20% from its February low, (2) after breakout, advanced +4% above the top its one-year continuation pattern (consolidation), and (3) generated a DecisionPoint IT Trend Model BUY signal on March 7, 2016. By my reckoning, the bull market is at least five months old, although, that could not be confirmed until the recent breakout.

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