The bulls would say never short a dull market. The bears would say the market can't hold onto a rally. The bears would say the 10-day moving average is now at .97, down from 1.16 at the lows a few weeks ago. The bears would say that the NYSE Hi-Lo Indicator is already at .45 and it peaked at .51 in March/April. The bulls would say the 30-day moving average of the advance/decline line is not yet overbought.

Source: The Times June 07, 2022 10:15 UTC