Every time we have a bear market rally, loads of people begin to wonder if we have really hit a bottom. As a technical analyst, I believe that we can look at historic events and derive an idea of what might happen in the future.

Because of this, I have done a little analysis of the 2003 bottom and then compared it to our current market condition to see if we can find any clues as to if we’ve hit the bottom and if so, what to expect.

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