Bear Market Rally - 10-Day MA of New 52-Week Highs Minus 10-Day MA of New 52-Week Lows

The 10-day MA of new 52-week highs minus 10-day MA of new 52-week lows suggests a week rally for the S&P 500.

Image: BofA Global Research

Bear Market Rally - 10-Day MA of New 52-Week Highs Minus 10-Day MA of New 52-Week Lows