The markets are constantly sending signals, and the current message says that this recent rally can't be trusted and isn't likely to last. There are still several hurdles for the equity market to get over, and to this point, there is no sign of confirmation from other "markets," such as global equity, commodity, options, or bonds.
Bond Market
In recent days, despite the optimism in the equity market of an improving scenario around the coronavirus, and its potential impact on the global economy, the 10-year Treasury is not confirming the rally. 10-Year Treasury yields have