Bear Flag Or Bear Trap?

The action in the stock market from the June 4 lows has divided Wall Street into bull and bear camps. There are fundamental and technical arguments on both sides, and a clear understanding of each should give you an edge. From the charts of the S&P 500, the flag formation is easy to see.

Topics:  wall street   s&p   nyse advance/decline   in june    bear market rallies—part   march   june   i   in   trap   bear flag   lows   rally   early   markets   bear-market   current   wrong   uptrend   flags   short   
BING NEWS:
  • The Genocide Question
    The International Court of Justice in the Hague is expected to issue a decision today on whether military arms suppliers bear culpability for how the weapons are used.
    04/30/2024 - 6:31 am | View Link
  • Bear of the Day: Hertz (HTZ)
    Hertz faces several bearish headwinds, such as an antiquated service, more competition, slowing growth, and relative weakness. For these reasons, HTZ is an avoid for the foreseeable future.
    04/29/2024 - 9:00 pm | View Link
  • Wells Fargo and Hertz Global have been highlighted as Zacks Bull and Bear of the Day
    Chicago, IL – April 30, 2024 – Zacks Equity Research shares Wells Fargo & Company WFC as the Bull of the Day and Hertz Global Holdings HTZ as the Bear of the Day. In addition, Zacks Equity Research ...
    04/29/2024 - 5:59 pm | View Link
  • Silver Price Analysis: Silver price forming a Bear Flag price pattern
    After a steep decline between April 19-23 Silver price bounced off support at $26.70 and has since consolidated into a rectangle pattern. Taken together with the prior sell-off the whole formation ...
    04/29/2024 - 12:53 am | View Link
  • Woman Mauled By Bear After Rolling Down Her Window To Take A Selfie — ‘I Thought He Wanted To Be Friends’
    While social media users debate if they’d rather be left alone in the woods with a bear or a man, one woman is considering herself “lucky” after surviving a real bear attack. Friends Moira Gallacher ...
    04/26/2024 - 10:15 am | View Link
  • More

 

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