The bulls have done well holding support thus far.
The Dollar index (DXY) is continuing to help the bulls on both the Hourly through the Daily charts.
HYG looks better than it has in a long time, since the market bottomed post-COVID.
The last piece of the puzzle is whether we see a positive MACD cross on the weekly charts. This will give us a tell if this is just another bear market rally or a reversal.
Stay Focused!
