I'll just let the market tell me which way the wind is blowing.
In a bear market, sellers at the close overwhelm buyers at the open.
Today, like so many days during the past six weeks, we had sellers at the open. Let's see how much they can hold their ground. So far the longest down-trend in the past six weeks has been 2 to 3 days. If this current down day stretches to 4+, we'll have to entertain your bear market scenario. So far it is just a run of the mill down day.
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