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- The bear market cycle in stocks is not yet over as the S&P 500 just flashed a "sell" signal, according to Fairlead Strategies.
- The MACD indicator suggests the stock market has lost short-term momentum that prevented a breakout above a key resistance level.
- "This preserves the bear market cycle, for now, and increases risk to initial support of ~3,800," Fairlead's Katie Stockton said.
The bear market cycle in stocks is not yet over after the S&P 500 flashed a "sell" signal on Monday, according to Fairlead Strategies' Katie Stockton.