NEW YORK (TheStreet) -- Last month I penned a piece for RealMoneyPro subscribers pointing out that the bull market that has existed since 2009 was most likely at an end. I remained cautiously bullish throughout, because the qualified trends on the intermediate-term time frame have never told us to do otherwise. Well folks, now they have!
Here are those qualified trends for the major market indexes and sectors as they existed on August 7. They have improved slightly on the short-term time frames (as they should), but it hasn't changed the larger picture or probabilities.