Market rallied hard last week, finishing up up nearly 2%. One note of caution {I'll have a few more in a chart I'm publishing on Monday} is that according to Bespoke Investment Group there are only 10 ETFs below their 50 day moving averages. I'm assuming they are not including inverse ETFs {those that advance when markets decline} in this analysis.
Link:
Bespoke: 50 Day Moving Average.
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