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Yahoo! News
✍️ The article discusses the potential failure of the US stock market's oversold rally, citing various technical indicators and market breadth metrics.
👉 Oversold rallies typically die out after reaching the 20-day moving average
👉 The McMillan Volatility Band (MVB) buy signal has been confirmed
👉 The weighted put-call ratio has generated a buy signal
👉 Market breadth has been deteriorating
👉 The possibility of a longer-lasting bear market if the S&P 500 Index makes new lows
#LawrenceG.McMillan #business
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