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April 25, 2024

Pullback Reversal?

Hey, it’s Ross Givens here with the Chart of the Day. Get ready for potential market sWitness the intriguing rebound in indicators signaling the medium-term direction of the market. Both the percentage of stocks rebounding from their lows and those trading above their 200-day moving average are showing promising signs. While not definitive, these shifts offer valuable insights into recalibrating our expectations. Stay tuned as I delve deeper into what this rebound could mean in today’s Insight of the Day.

April 25, 2024 No Comments

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