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Bounce largely uninspiring but a tradable bottom looks near

Monday’s bounce failed to raise confidence of any type of low in this pullback, as SPX and DJIA fell to close well off early day highs.  However, NASDAQ remained higher by more than +0.60%, or nearly double the gains in SPX as of Monday’s finish.  Gains were a relief, however, following the worst week of the year for US Equities, and three straight weeks of losses.

Treasury yields and the US Dollar both stalled out and have consolidated gains in recent ...

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