Bounce continues but is this a bear market rally?


IBD still sees the market in a correction.   Monday’s trading volume was lower then Friday’s.   Monday was the 29th day of the current QQQ short term down-trend.   The T2108 indicator is at 30%, well out of oversold territory.   The key to the market is how this rally performs.   The market is not out of the woods because of a couple of days of advances.   This could be a dead cat bounce.   Only time will tell. I may not be able to post on Wednesday.

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