Tom DeMark predicts bear market as US stock rally nears exhaustion
Tom DeMark, a veteran technical analyst, predicts a potential bear market in US stock markets in the coming months. He cites technical indicators and a recent rally in the S&P 500 Index as evidence. DeMark's "countdown" method also points towards trend exhaustion, signaling a possible trend reversal. He warns investors to remain cautious due to volatility despite the recent winning streak.