Bear Market On The Horizon? Monthly MACD Bearish Crossover

A picture speaks better than words. No need for CNBC…just the facts. As a technical analyst and trend following stock trader I look at various time frames. Simple indicators, I have found to more clear to use. Looking at past occurrences of a MACD crossover on a monthly chart…Bear Markets have started…Look at this monthly chart with a MACD over lay…Let me know your thoughts…we are only in the 6+ year of one of the longest bull markets…

(Click on image to enlarge)

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