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From Nov 2015 to Feb 2016, we nearly set an all time record for most consecutive days without hitting the upper bollinger band at around 75 days. We immediately followed that up by going around 55 days without touching the lower bollinger band. Currently we are on another massive bull streak. We've gone about 75 days without touching the lower bollinger band, which is the largest streak in the past 5 years. Maybe ever.
Not a good time to be a bear.
bearish as of SPY 406 on 2/17/23
currently: end bearish as of SPY 406 on 3/6/23