Bearish bounce fools traders again, 200-day wall holds strong, put-call ratio spikes to 1.61 on $SPY options, traders brace for sudden 2% plunge risk…
The market we have now is a bearish phase within a secular uptrend. A sustained uptrend typically doesn’t return until the event that triggered the downturn becomes irrelevant. However, if that event is about to be resolved, the market can …