As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.
I keep neutral to positive bias on the market and a lot of sectors are doing well. So, although index may be illusionary or it
US equity funds are undergoing reversion to the mean. Europe and Japan equity funds are attracting more inflows while the interest in emerging markets persists.
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