The Strong Bull Market in Stocks Is Not Over Rich Ross- February 9, 2018, 12:40 PM EDT SHARE ON: While I overplayed Tuesday’s reversal, the setup remains consistent with a 10-12% correction within the context of a strong Bull Market. Oversold, on support, within uptrends after parabolic pullback. Not a top. Most Major Averages, Sectors, and Stocks remain in strong uptrends, sitting on support. Nikkei experiences intraday upside reversal after 12% peak to trough correction down to the 200 day. Hang Seng remains in an uptrend after 13% drop in 2 weeks and intraday reversal off the 150. Brazil remains strong both relatively and absolutely and the currency composed amidst the maelstrom. EEM sitting on key support at 46 in an uptrend. India and HSCEI back to trend. Yuan strong. 10 Year has stood its ground even as Stocks, Crude and Breakevens have come off. Remains an issue. Sector Relative Strength: Tech, Banks, Industrials, Discretionary Sector Relative Weakness: Healthcare, Energy, Ute’s, REIT’s, Staples Utilities on critical support at 48 (XLU) which could offer a tell for rates/risk/reggae should we hold.