Will there be a double bottom in the US stock market?

Wallstreetcn
2025.05.09 01:11
portai
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The chart shows the long-term trend of the S&P 500 index, highlighting the movement after the index fell below the 200-day moving average. In the last three instances, the U.S. stock market formed a double bottom twice. What about this time? Is this position more bullish or bearish?

The chart shows the long-term trend of the S&P 500 index, highlighting the movement after the index fell below the 200-day moving average.

In the last three instances, the U.S. stock market formed a double bottom twice.

What about this time? Is this position more bullish or bearish?