The Tell: Stock-market bottom or bear market bounce? What traders want to see as S&P 500 extends gain


U.S. stocks on Wednesday were attempting to build on a big and broad Tuesday bounce, but skeptics aren’t yet convinced the move is more than a bear-market rally.

Tuesday’s rally was “undoubtedly impressive, especially following a sharp reversal lower the previous day,” said Kevin Dempter, a technical analyst at Renaissance Macro, in a Wednesday note.


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