by Charles Hugh Smith
Of Two Minds
The next Bull Market will start when everyone has given up on the stock market as the means to “get rich quick” or even “get rich slowly.”
Here’s the chart of the month: a weekly chart of the S&P 500 (SPX) showing the giant wedge going back to January 2022 has broken decisively down.
[…] Any questions? Wow, so many have raised their hands, we’ll try to answer as many as we can in our allotted time.
Isn’t there a “bull flag,” i.e. a technical pattern that projects a continuation of the Bull move higher?
No.