Well, so far this little bounce is pretty solid. Other than getting a bit light on volume here as the advance is starting to lose some steam, it looks like what could be a good first step in an attempt at a rally. The market is still in great position to launch a rally. Yesterday's breadth numbers finally gave us something decisive, and they were pretty negative other than the argument for an oversold condition, but today looks to be solid. The bounce should reverse this afternoon and then we'll see what the bears have.
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