That being said, this is a market that I think continues to see a lot of noisy behavior and therefore volatility. Volatility picking up of course has a detrimental effect on the bullish aspect of the market, so would not be a huge surprise to see this market continue falling. However, you should keep in mind that the job summer comes out on Friday, so that should cause a lot of volatility overall.
, because that could have the market participants thinking that the Federal Reserve might ease its stance on doing anything as far as tightening monetary policy is concerned.
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