Bull Market,
Pullback, Correction and Bear Market
(1) Pullback: -5%
off 52W High (2) Correction: -10% off
52W High (3) Bear Market: -20% off 52W
High
|
Benchmark
|
Symbol
|
% off 52-Week
High
|
Market
Trend
|
|
S&P 500
|
SPY
|
-7.29%
|
Pullback
|
|
Dow Jones 30
|
DIA
|
-9.97%
|
Pullback
|
|
Nasdaq 100
|
QQQ
|
-10.48%
|
Correction
|
|
Russell 2000
|
IWM
|
-10.54%
|
Correction
|
Understanding stock market
direction is critical to any position you take in the market. Knowing whether you are in Bull Market, Bear
Market or a Flat Market is equally important and key in assessing the potential
for your trade.
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