The outlook for today is much the same as yesterday in the S&P 500. The market is being drawn toward the round number of 2600 but any misstep now that takes SPX under the previous target zone of 2580-2588 will mark possible reversal that can take the market at least 60-90 points lower. Short term, as much as I dislike it, I have to give the bulls the benefit of the doubt and let them try again for 2600.

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