Highlights
- The market has rallied nearly 15% since the April lows, and as a result, 85% of the roughly 2900 MOTR Universe stocks are above their 15-day average.
- Viewed in isolation, this would be bullish...but alas, in the current context, it is not bullish.
- Despite this rally, the short-term Risk Gauge is still in "Risk Off", while the medium-term gauge hovers in the lower half of "Mixed".
- Until. . .