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3 Market Indicators Suggesting Bullish Resilience Is Here to Stay

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NASDAQ Composite,Ishares Iboxx $ High Yield Corporate Bond ETF,Invesco S&P 500® High Beta ETF

Stocks Analysis by Investing.com (Calogero Selvaggio) covering: S&P 500, NASDAQ Composite, iShares iBoxx $ High Yield Corporate Bond ETF, Invesco S&P 500® High Beta ETF. Read Investing.com (Calogero Selvaggio)'s latest article on Investing.com

But it's not just tech - a key indicator shows broad market strength, but with a potential warning sign on the horizon.Learn more here>>

Big tech remains the driving force behind this bullish trend, and that's no surprise. Historically, tech stocks have dominated bull markets, consistently outperforming other sectors, and are continuing to do so today.Further bolstering the bullish case, a key indicator shows that over two-thirds of stocks are currently trending above their 200-day average, a historically bullish signal. This level, currently at 66.9%, has often preceded positive returns in the past.

However, it's important to remember that future performance is never guaranteed. Stay informed and adjust your strategy as market conditions evolve.This article is written for informational purposes only; it does not constitute a solicitation, offer, advice, counseling or recommendation to invest as such it is not intended to incentivize the purchase of assets in any way.

 

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