The US Stock market is well established in an ongoing Bullish Uptrend. The S&P 500 Index is well above the 20% annualized rate of growth over a 200 day moving average. The trend filter crossed from below to above on December 12th, as shown on the chart below.
![](https://trendanomics.wordpress.com/wp-content/uploads/2020/01/sp-500-01_17_2019.jpg?w=1024)