S&P 500 Index: Bear market rally will likely fail once again – Morgan Stanley

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S&P 500 Index: Bear market rally will likely fail once again – Morgan Stanley SP500 Banks

“There is plenty of bullish and bearish fodder in the technicals in our view, and one will need to take a view on the fundamentals to decide this bear market for stocks is over.”

“Our view remains the same, the bear market is not over, but we acknowledge that Friday's price action may push out the next leg lower for a few more weeks.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

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