Chart Alert: US Stock Indices Rally Smells Like a Dead Cat Bounce – Outlook on S&P 500, Nasdaq 100, and Dow Jones (DJIA)
Rally likely a “dead cat bounce”: The sharp surge across US indices appears driven by short-covering and quarter-end positioning amid optimism over a potential US–Iran de-escalation, rather than a sustainable bullish reversal.
Rally likely a “dead cat bounce”: The sharp surge across US indices appears driven by short-covering and quarter-end positioning amid optimism over a potential US–Iran de-escalation, rather than a sustainable bullish reversal.
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