Nasdaq Escapes Its Bear Market

After falling into bear market territory, the Nasdaq Composite has ended it, at least according to two subjective metrics. The tech-heavy index has rallied 20% (rounded) from its low, and it has exceeded the 61.8% Fibonacci retracement of the decline, which it was not able to do in 2001 or 2008.

This post is available to SentimenTrader members only.

Log into your account

To view this blog post, you'll need to log into your SentimenTrader account.

Login to your account

Don't have an account?

Sign up to get RISK-FREE access to all of our indicators, models, commentary and award-winning research.

If you've never tried the service before, there is no charge for the first 30 days. Then pay as little as $1.59 per trading day for access to our award-winning research.

Not ready to signup up for a free trial yet?

Signup for our Daily Lite email to receive highlights of our daily report, research and studies.

Follow us on Twitter:

Subscribe to our Youtube Channel:

RSS Feed

Subscribe to the Blog RSS feed