There is a surprising lack of support at 1055-1060, although as of this writing the SPX seems to have at least paused a little below that range.
If we do see the bounce, recent action leads me to believe it won't break 1075 before hitting new lows.
This, along with GS (which to me has been THE bellweather for this rally) breaking it's 50MA, gives me a few hopeful signs. Another close (assuming today closes below) would really help my theory that this is THE break of the bull trend.
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