SPX500 dropped 25% from its peak in Jan 22.
It has recouped around 13% loss and standing just below the 200 EMA.
The trend will be decided based on whether it crosses 4200 or falls back downward which would make a case for bear market rally.
Watch the next few weeks very closely.
It has recouped around 13% loss and standing just below the 200 EMA.
The trend will be decided based on whether it crosses 4200 or falls back downward which would make a case for bear market rally.
Watch the next few weeks very closely.