RE: Has the Bear Market Bounce Run Out of Momentum? Market Breadth Roundup
(2020-05-09, 04:13 PM)isatrader Wrote:(2020-05-09, 03:58 PM)marry123 Wrote: Looking forward to your weekly video. Bulls seem to be pushing things along nicely so bears better step in or I think it will be over for the bear case of seeing a lower low if the S+P can break over 3050 roughly (weekly 30 MA very close now). If it breaks over the 30 MA weekly shortly it will have played out exactly as 2019 when the market broke down then recovered the 30 MA in a few months.
Thanks, but not sure there's enough changes from last week for a new video yet, as we remain in the short term uptrend. So might just do a blog post this weekend and highlight a few bits I've noticed in the markets and breadth charts.
Thanks for the blog post if you do it. Hopefully next week we will know more as to whether the bears can get the ball rolling to the downside.