The S&P has attempted several times to break thru 1180 and seems to be having a hard time. I think it's best to be very cautios or be very nimble here if you want to play the short side. 1150 is very strong support for the SPX and pullbacks there would likely see some solid bounce. I have been watching several stocks turning deeper into the red but the indexes are only down slightly. Everyone is expecting the market to turn, but that could be the reason why it keeps churning up.
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