Bank of America's Bull & Bear indicator is back at 0. "Extreme bear sentiment remains [the] most bullish factor for credit & stocks," analysts say.
If stocks bottomed, it would be:
1. First bear market with 2 relief rallies since 1973
2. A 12% higher low than the average bear market
3. First bear market to bottom without $VIX at 45+
4. A low 3 months sooner than the average bear market
A bottom here would make history.