Another up days in market and S&p almost hit 1000 today but didn't and pulled back hard. Nevertheless an up day is an up day but todays intraday reversal is cause of concern for bulls.
Especially last 1/2 hr fall on massive volume is really worrisome for bulls. Sectorwise steel and materials led while biotech closed red. Tommorow could be important to see if we break todays lows or not. We are seeing some bearish divergences in market internals too.
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