Just some stuff from the net, based on the DOW,Bear markets on...

Just some stuff from the net, based on the DOW,

Bear markets on average last for 18.5 months, we are 12 months in - Worst 47 months ended 1949, Mildest 2 months 1987

Average Bear market decline 36%, we are at 28% - Worst 89% ended 1932, Mildest 21% ended 1990

For the T/A's the DOW head and shoulders pattern is near completion. The daily Williams percentage range(W%R) is in oversold area and the Weekly (W%R) is strongly oversold.

The oversold W%R is usually considered an early warning indicator that signals exhaustion of the sharp down trend and predicts that it may slow down and reverse soon.(I dare say the absence of shorters this last month maybe game changer - wait and see)

IMO DYOR
cheers,n