Down Days Drain the Market

The continued weakness is taking the averages down to very near the first support levels I have been suggesting were imminent. In terms of the S&P 500, I had been watching the 2070s. For the Dow Jones Industrial Average, the region between 17,250 and 17,750 has a history of providing support, so a rally in this vicinity is to be expected. But what I'm looking for is a technical bounce, which is probably going to be untradeable due to its brief and limited nature. I base this on the observation that the uptrend since last October has been broken, putting the markets into, at best, a sideways move

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