Navigating the Bounce in a Holiday-Shortened Week
The S&P has fallen 5%+ in back-to-back weeks.
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This was a much-needed three-day weekend unlike any other. The ES has fallen 5%+ in back-to-back weeks now and has fallen in 10 of the last 11 weeks. It has not been a good stretch. As the new week begins, traders are wondering when the stock market will stop going down. I am still looking for a bottom in September or October.
Many want to blame…