How to Tell if we're in a Bear Market

How to Tell if we're in a Bear Market

While I am convinced that SPY will hit 104.58, I still have some hope that SPY will bounce hard at 104.58 and return to highs. One sign that will prove me wrong is if TLT can break out above resistance at 100. This is a very strong resistance level. If TLT holds above 100, then I consider it a confirmation that we are in a bear market, not a new bull market.

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