Market Was Due For A Bounce

June 21, 2022
Author: Peter Stolcers, Founder of OneOption

This is only a bounce - here's why.

PRE-OPEN MARKET COMMENTS TUESDAY – The S&P 500 is up almost 70 points since the close Friday. It will fill in some of the gap from the open Thursday and I consider this to be an oversold bounce. Chairman Powell will testify before Congress at 10:00 AM ET.

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