The Strength of the Market is: Strong
Stocks started the week strong. Various technology stocks are at all-time highs, production levels of Non-Manufacturing Companies (finance, real-estate, construction, retail, agriculture & other services) are looking good and Vehicle Sales are right in-line with economist expectations. On the other hand, Covid-19 cases and hospitalizations are spiking and, in some states, reopening is being slowed or halted.
Long-term price trends (200-days) for the United States, International and Emerging Markets are all strong, right now.