What is the definition of a Rally ?

A rally is a term used in the movements of assets such as indices, bonds and equities. It refers to the continuous increase in price, usually by a large amount. Typically, a rally will occur after prices have either been falling or not moving for a period of time.

Rallies are caused by simple supply and demand economics. When there is large demand for an asset relative to supply, the price will rise accordingly.

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