Is this a Bear Squeeze or a Return of the Bull?

Is this a Bear Squeeze or a Return of the Bull?

(3/29/22) Is the rally of the past few weeks a bonafide return of the Bull Market?

Negative sentiment fostered by the Russian invasion of Ukraine set markets up for a reversal when the world didn't come to an end, and rallying mode ensued.

All it took was a little good news.

Now, with end of the quarter balancing looming, and a lot of portfolio managers still off-sides on their books: Underweight bonds as prices have fallen as rates have gone up, and still out of whack on equities, off from the usual 60/40 allocations--the move to re-jigger portfolios through stock purchases will create upward lift to continue the rallying.

We've been adjusting, too--and as stocks continue to rise through two standard deviations, clearing resistance, the opportunity exists for markets to pull back, and if they hold, will be in a much better position moving into April.

And with markets extremely over sold on multiple levels, we need that kind of pull-back consolidation.

There are lots of indicators to suggest that we're closer to the end of this bull market rally, and that we could get a pull back over the next week or so, once quarter-end rebalancing concludes.