I was weary of any exuberance on March 10th (Bear Market Rally Begins?) and 11th (No Buying) when warning against buying and holding. I mentioned that while a trade to 8000 was possible the odds of seeing 6470 again were good.
I'd be weary now too. DOW 7608/S&P 797 is not a time to buy the dip. It is time to maintain a high level of caution and discipline being highly proactively against losses.
S&P 500: 797
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