Ever since the NYSE Composite monthly MACD flashed a long-term buy signal, I have been monitoring the risks to the bull. Past positive MACD crossovers have signaled long-term resilient equity bull markets and such signals have marked durable advances, which are subject to the normal equity risk of minor corrections without significant bearish episodes.
Part of investing is to be continually skeptical and avoid confirmation bias, which is why I have highlighted possible risks that could derail this bull in the past few weeks. I review these risks here, in addition to others that concern me:
The full post can be found here.
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