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Bulls Have Some Hard Work to Do to Take Back Control of the Market

James "Rev Shark" DePorre

After it sold off every day last week, conditions are good for the S&P 500 to bounce. There are a couple unfilled gaps on the chart, it is option expiration week and it is technically oversold. The S&P 500 is indicated higher in the early going, but that is being covered up by weakness in Boeing Co.