Interesting run we just had in stocks. From the 860 level, the S&P rocketed higher bu 200 points only to now back off again. Sellers and buyers are seeing these moves and just getting out of the way. I remain bullish thanks to the major bounce overnight. I would like to see the bond though break a bit to get things motoring in stocks.
Big levels I am watching in the S&P are 885 on the upside and 860 on the downside.
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