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SMLL - Market Stalls 'Bear Market' Rally Not Really Over
Direxion Daily Small Cap Bull 2X Shares
Market Stalls, Is The Bear Market Rally Over?
Market rally stalls at resistance, is the “bear market rally over?”
That’s the question we have been discussing over the last few weeks. So far, most of it has played out exactly as expected by turning previous “selling panic” into a “buying rush,” and convincing a vast majority of investors the “bull market is back.”
I get it. The market has rallied 27% from its lows after falling by 35%. From sheer “panic” to unadulterated “exuberance” in four weeks. However, investors are still down 12% for the