Today the market had a nice 9 point bounce to 1174, before selling off and breaking momentarily yesterday's support at 1165. In the afternoon trading buyers pushed the index back up to 1166.90 to close above support. My only concern is that in the last two days the market pullback have been with much more volume than the rally. End of the quarter is on Wednesday and institutional window dressing could keep the market from falling further. 1150 is the 20 day moving average which should provide strong support for a bounce if the market get's there.
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