CHART OF THE DAY: Bear Market Bounces

01/07/19 08:05AM EST

Editor's Note: Below is a chart and excerpt from today's Early Look written by Hedgeye CEO Keith McCullough.

CHART OF THE DAY: Bear Market Bounces - zbaba

Are you a chaser or a fader? Do you get excited when your screens are green? I do. We’ve seen some epic selling opportunities in the last 3-4 months in the US Equity market. In parts of Asian, EM, and European markets, we’ve seen them for over a year now. 

There’s self-similarity to big-short-term bounces to lower-highs on decelerating volume in bear markets.

CHART OF THE DAY: Bear Market Bounces - Chart of the Day

© 2019 Hedgeye Risk Management, LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.