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The stock market has more downside coming as investors chase the dip rather than throw in the towel, Bank of America says

The stock market has more downside coming as investors chase the dip rather than throw in the towel, Bank of America says

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If a tactical rebound in the S&P 500 stalls below key resistance near 4600, “the risk remains for a deeper drawdown to 4000 to 3800,” BofA said.

...read full article on Business Insider

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