Bear market

The idea

A sustained broad decline; the common 20% convention is descriptive, not a forecasting rule.

Try the scenario

An index loses a fifth of its peak value while individual stocks differ.

Check your understanding

Which statement is supported by this definition?

• This concept guarantees the next five candles.
• Every share must decline by exactly the same amount.
• A sustained broad decline; the common 20% convention is descriptive, not a forecasting rule.

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