Market Rally Has Stalled

April 11, 2024
Author: Peter Stolcers, Founder of OneOption

We've seen selling pressure the last week, but it's way too early to be bearish.

PRE-OPEN MARKET COMMENTS THURSDAY - The market staged an impressive rally from November through March and it gained more than 20% during that time. Buyers were aggressive and there weren't any dips. In the last week we have seen some selling pressure, but this is no time to be bearish.

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