Charting the S&P 500: Is This Anything More Than a Bear Market Rally?

Charting the S&P 500: Is This Anything More Than a Bear Market Rally?
·2 min read

After such a powerful rally the prior week and to finish to the month we expected to see some retracement. However, that was limited this past week to Monday and Tuesday, as the bulls had enough "watching," and dip buyers came back to the game in a big way Wednesday.