US stock indices developed a strong rebound all last week. The S&P500 spot index reached 4200, gaining more than 10% from the lows of May 20. Such a rapid recovery has raised the question of whether we are seeing a brief bear market rally or whether the markets have passed the “bottom” of the correction. […]

The post S&P500’s Bulls Awakening. Will Tech Analysis Beats Fundamentals? appeared first on Action Forex.