The Rally and the Pullback
The latest rally in the Market served the purpose of stopping, at least
temporarily, the decline of the main indexes. Some of them got to Bear Market
territory like the Nasdaq and Russell
Local Optima
Pullback Accelerates
Today we saw the most important indexes pullback more than 1%. Reviewing the
daily chart of the S&P 500, the index is no longer in overbought conditions, it
closed right at
Measuring the Selling Pressure
It's easy to get used to a powerful rally as long as we keep in mind that
eventually there will be a pullback. The S&P 500 had moderate losses
Rally on Steroids
The Market had a powerful move today, there's some hope that the Russia-Ukraine
talks might lead to a de-escalation of the war. The rally is getting to
overbought conditions, while the
The Rally Continues But...
The S&P 500 has been able to continue the rally that started back on March/15,
at this point we are back at the level where the S&P started