Bull Bear Major Indicators

(Farah Ann Abdul Hadi) There are tons of financial newsletters but the only one I read religiously is Maudlin Economics. His views are fair, mostly objective, minimal emotional attachment and logical. One of his recent articles entered on whether the bull run globally is over. ET To Elliot ... The Elliott Wave Principle, all the rage in the 1980s, is less influential now but is still watched by the technical analysis team at Goldman Sachs. The Elliott Wave comprises sequential upward and downward market moves – “waves” – that form repeating cycles. A full cycle has eight waves. Waves 1–5 are bullish, with only minor pullbacks between. Waves 6–8 are corrective, or bearish, and you do not want to be long when they happen. The market is presently in wave 4 , according to Goldman market technician Sheba Jafari. That means the next downturn will be limited and followed by another bullish wave. Then we would see a bigger correction. 200 Day Moving Average The 200 day MA is not a very solid i...