US indexes back on the rise

The decline from sp'1897, appears to have found a floor of 1814. Once again, a multi-week decline never amounted to anything more than 'minor' declines. All the main US indexes look set to close April at MARCON 7. Equity bears have at least another 2 or 3 months to wait.

sp'monthly9

Summary

Suffice to say, equity bears were teased again, with a decline of 83pts (around 4.4%) across 8 trading days.

Yes, the monthly MACD (blue bar histogram) is continuing to tick lower, but prices are still broadly climbing. Until bears can attain a monthly close under the 10MA - currently @ 1779 (the low 1800s in May), there is no justification for any excitement.
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So, we're Holding at MARCON 7, and right now, I'd guess we won't see 6 until at least June.