It is starting to look like the short-squeeze inspired rally since December 24 is coming to an end. Is the rally over for good? Is another leg of a bear market upon us? The answers to these question are not so clear. We may just get another scary selloff to shake out the bulls who did their buying in February. Once removed, the market may take the next leg higher. On the other hand, it is possible that something more ominous is at hand.
