When the stock market peaked in late January, many hypothesized it was the beginning of a long-term bear market. As shown in the S&P 500 monthly chart below, stocks posted red months in February and March, and went on to post gains for five consecutive months. The green months in April, May, June, July, and August mean the S&P 500 posted gains in 11 of the last 13 months.
Tools for Technical Analysis
