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today marks the first day that the S P 500 has closed above the bear Market downtrend this is not calling the end of the bear Market however it is still part of the bottoming process something that weve been looking at here on the channel for 2022 and into the first half of 2023 this came about from the lows in June and our final look at the lows in October where we anticipated October being that low the cycle low for the bear market now its not over yet and I could definitely definitely be wrong which is why were going to continue to cover and look at both sides of the market however we will take a bias to one side based on what the information is telling us because at the end of the day if you are to be investing in the markets buying or selling you need to take one side of the market based on what you were seeing of course you dont have to take my word for it but I am going to present to you what I see in the market and how Im playing the markets and thats why youre here lik