Do not be fooled into complacency because news cycle volatility is unprecedented and the price action can quickly break up or down.
The trend is leaning towards bearish with pandemic fears reemerging and governments reimposing localized lockdowns and restrictions.
Keep eyes on the lower trendline drawn up from Mar. 2020 low on both charts, as that line is a likely bellwether for any near-term weakness.
A Bull Market and the Bear – Dow and S&P 500 Technical Analysis Part 3 - Coronavirus articles in Asian financial media launched today's stock market plunge.