Analysts say we might have an even stronger S&P 500 bull market ahead of us. That would be unprecedented. SPX has risen roughly 75% since the crash in March 2020 caused by the pandemic shock and lockdowns across the globe. Dow Jones recovered 71% and NDX100 outperformed the two gaining 91% over this time. European and Asian stock markets also experienced strong gains.
It all happened despite the fact that the COVID-19 pandemic proved to be much more difficult to overcome than anticipated a year ago.
Since mid-February, the global stock market is going down. It may be a retracement or a trend reversal. You may use it to get into long positions at an attractive price or wait for the downtrend confirmation if you believe the markets will continue to collapse.
Time to trade global stocks.
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