Party like its 2000 & 2007? Correction or Bear market in play? — Kimble Charting Solutions

The stock market correction has morphed into a bear market for the Russell 2000(INDEXRUSSELL: RUT) and Nasdaq Composite (INDEXNASDAQ: .IXIC). The S&P 500 (INDEXSP: .INX) and Dow Jones Industrials are nearing bear market territory, down 15 to 16 percent. Fear is in the air and investors are beginning to wonder what happened. If you follow my charts, you’ve seen several bearish reversal…

via Party like its 2000 & 2007? Correction or Bear market in play? — Kimble Charting Solutions

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