The bull market in stocks will have 'a new lease on life' if this technical indicator flashes, research firm says

Jan 27 2022 by Business Insider

 

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The January decline in stocks has bulls on notice as volatility surges and several technical support levels are broken.Ned Davis Research suggests investors monitor momentum to gauge if stocks will recover in a sustainable way."Another round of breadth thrusts would signal the cyclical bull has a new lease on life," NDR said.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.

The S&P 500's year-to-date decline of 9% is on pace to be the worst...

Continue Reading The bull market in stocks will have 'a new lease on life' if this technical indicator flashes, research firm says