This bounce from the open looks fragile. I would not be sucked in to buying hoping for end of month markups. Instead, I expect the bounce players to exit in the 2nd half of the day causing chaos and a break of yesterday's lows. 1025 is a possibility near the close today. I am contemplating a daytrade short here but am nervous to put on shorts at these levels.
P.S. - Cramer seems bullish today.
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