Most stock markets are testing their 200 day moving averages, not seen since 2016. When combined with bond yields challenging their multiple decade downtrend line and negative sentiment at extremes, fund flow out of equity mutual funds and ETF's is rising. Is this just another sideways correction within an uptrend or have we started a new bear market.
Let me know what you think.
My thoughts can be viewed in this month's latest Charts on the Move video