Anatomy of a bear market

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Since most people here won't have traded a bear market

I thought it was worth looking at the last one

GRI 2022

TRADE AT YOUR OWN RISK
Uwaga
snapshot
Uwaga
The 00 bearmarket resulted in circa 45% down over a couple of years

The GFC crash was from the same level but was swifter, with more than a 55% drop over less than 2 years
Uwaga
It took 13 years to make a new high
Uwaga
snapshot
Uwaga
The 2000 drop was preceded by an extended period of bearish divergence and a broken major trendline; with a few months of sideways and an ascending triangle snapshot
Uwaga
The 2007 drop was more sudden and deceptive; and probably was traded as a pullback by most snapshot
Uwaga
this monthly candle seems pretty important...
Uwaga
snapshot
Uwaga
i'd say on the basis of the monthly pa it would want to test at least the top of the shooting star from November
Uwaga
Monthly candle wick from Nov is the target from this monthly idea

But the PA could portend something spectacular as above

Let's see what happens

NOT TRADING ADVICE

GRI 2022
Uwaga
snapshot
bearmarketTrend Analysis

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