Bear market rally continues

I haven’t had much change of opinion on this market in the past few days. This rally has had much momentum behind it. This so far seems normal during a major bear market. Volume on most indexes has greater on the down impulses, and has lessened somewhat on the current retracement move. Trends still remain…

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Rally continues

The big rally that started on Tuesday continued today, after a brief pause on Wednesday. The chart to the left puts this rally into some perspective. It is a weekly chart of the S&P etf. The yellow horizontal line is drawn for the November lows. The market is not in the process of testing that…

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