Intraday Market Thoughts

49 Weeks Without a 10% Decline

by Ashraf Laidi
May 13, 2013 20:30

The S&P500 has not had a 10% peak-to-trough decline in 49 weeks. Prior rallies without a 10% decline were seen in Mar 2009- Apr 2010 (59 weeks) and June 2006 to July 2007 (56 weeks). Another fact worth noting is that the rally since the March 2009 lows has lasted for 17 quarters, nearly matching the 18 quarters from autumn 2002 to autumn 2007. See more analysis breaking down the S&P500 here

Click To Enlarge
49 Weeks Without a 10% Decline - Spx 200 Dma May 13 (Chart 1)

 
 

Latest IMTs