A weekly chart and pitchfork using Black Monday as a starting point and the Dot-com Bubble/Bust as the top and bottom. You'll notice a lot of support levels created with this long term time frame (notes on chart). My favorite is the median line rejection just before the 2008 financial crisis.
I've also found an indicator that has worked twice in the last two crash that can help signal the next big bear market. Using the difference between the 1 week and 200 weekly moving average, a trend line is formed while climbing into the bull market. If that trend line breaks down, the bear market has begun. As you can see, we have not broken our trend line yet, but this indicator should leave plenty of time to withdraw.
I've also found an indicator that has worked twice in the last two crash that can help signal the next big bear market. Using the difference between the 1 week and 200 weekly moving average, a trend line is formed while climbing into the bull market. If that trend line breaks down, the bear market has begun. As you can see, we have not broken our trend line yet, but this indicator should leave plenty of time to withdraw.
