A Stock Market Bottom Could Be Very Near

By John Mac, December 26, 2018

The S&P 500 Index is in a “bear market” on Monday. The index lost 2.7%, to 2,351 level, the lowest level since April 2017.
An Index is officially in a “bear market” when it falls at least 20% from its recent peak. So far, The S&P 500 Index is down over 20% from its September intraday high of 2941 factors.
However, there is an exciting situation is that the S&P 500 index are in a big support trend-line that goes straight back to the year 2010. This really can be a level that bulls will defend with all of their might, and could be very favorable to the stock markets as the New Year is closer.