For nearly a year now, we’ve been stuck in a box. That is to say, the breadth box of the percentage of companies trading above their 200-day moving average. Until this breaks down, there won’t be any serious bear market. Keep the faith! The symbol in SlopeCharts, by the way, is $SPX200MA. For now, we continue to tread water, broadly speaking.
![](https://slopeofhope.com/wp-content/uploads/2024/09/slopechart_SPX200MA-640x345.jpg)