Could this be a rise in a bear market? Yes.
The goal of a bear market is to lure you in and make you believe that the worst is over, just before it drops again painfully.
Could this also be the beginning of a new upward trend? Yes.
Every new upward trend starts with a rise that looks exactly like this. The difference only becomes clear after time passes. The early stages of upward trends often rise amid anxiety, doubt, and disbelief. And that is exactly what is happening now.
The key is to manage risk and stay open to both possibilities without being attached to just one outcome.
Be flexible.
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