The Bear pushed the bulls down from STI Oct 07 peak to Mar 09 low, down by -62.4% in 515 days. The Bear Velocity down at rate of -4.7
However, the recent Bull pushed the bears back up by +30.8% in 37 days. The Bull Velocity up at the rate of +12.1
The math is like this:
When price is down -50%, it will need to climb up by 100% to get back to the same level. So we are now seeing the strength of the BULL overpowering the bears; but, will the BULL still have the reserve power to push on?
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