Trendless market fuels bull-vs.-bear debate
July 07, 2009 at 12:35 PM EDT
After eight months of historic market volatility, a change toward trendless, mixed sessions has become the norm. Despite this week's downturn, the S&P 500 has survived a second test of its 200-day moving average, but the subsequent "rally" lacked conviction, keeping the bull-bear debate in play.