The market defies more negative news because retail investors continue to step in and “buy the dip.” Click to read.

Alexander Elder created the Elder-Ray indicator, designed to see through the market ... Both bull power and bear power values are plotted as histograms under the bar chart of a chosen security.

As you can see from the chart below, there was a bull market ... The opposite of a bull market is a bear market, which is typically defined as stocks falling by 20% or more from a recent peak.

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