bull or bear market best defined on weekly or monthly charts, used typically for general market timing on
portfolio level trading or/and investment
typically sp500
bull market = up trend
consecutive up swings with higher pivot highs and lows
( vv for bear market )
5% down - pullback in a bull...
someone here already answered with mini ES as an example
50K per month = about $2500 per day on average
that's 5 points on 10 lots per day 5p*$50*10lots= $2500
with daily range about 40p at these levels
that's about 12.5% daily range pullout per day on average
typical exchange margin 12k...
why are you guys bashing Charlie ?
he is the best guy at CNBC... very straight... very good reporting... always keeping up with current situation
he may look mean and talk mean, but he is an honest guy.
in all due respect you should listen to him and benefit
regards...