Nope. Itâs not the mother of all bear market rallies. The market is doing the same thing it has for the last 100 years and the 35 I have been trading it. If you look at a monthly, weekly or daily chart of the Dow, the prices hang near the longer term moving averages as far back as you can see in bad conditions. For example we are now at the 200 day moving average for the Dow. But to move away from this average up or down we need a catalyst to get price moving one way or the other. Or it could be a summer in the index doldrums.