A chart comparing the 1930 Depression rally and the 2009 rally shows a divergence reaching the extremes seen earlier in the chart. Here's a shorter-term chart. Either this has no predictive capability or the market will drop this afternoon or early next week. Note, I've input an intraday number for the S&P 500 Index, 1023.
The Bear Market Rally Of Oct22-Mar24 Is Over
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The bear market rally which began on October 13, 2022 with an intraday low
of 3,492 topped on March 28, 2024 with an intrday high of 5,265. From top
to bot...
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