Are the Bulls Back in Charge?
Real Vision: Finance & Investing
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Is This a Bear Market Rally?
Markets had a valid follow through day last Friday. The old sort of William O'Neill, CanSlim follow through day says the market has to close higher than 1% on an increase in volume four days after the low. If you study historically, when those are met with immediate selling or distribution, they're 80 to 90% failure prone. We haven't seen much distribution, but following Friday, we've actually seen more accumulation. That's a positive sign. It would at least tell me that this rally may have more to go. But think of whenever you have buying power, and I talked about this two weeks ago, saying it almost felt like there was a slugfest going
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