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the Bears must be absolutely livid with todays price action finally getting a gap down opening drive lower only for the market to completely reverse and close at the highs of todays trading session nothing bearish about that whatsoever the s p sectors continue to display risk-on Behavior the market internals are supporting the underpinnings and the breadth indicators that we look at in multiple different charts as well continue to be more bullish than bearish well explore all of these data points objectively in todays session one of the big uncertainties though as we head into the remainder of the week is the pce inflation numbers that are set to come out on Friday morning 8 30. well be live on the channel to see the Markets reaction but lets just consider if the chefs out back cook us up an expectation that is so far outside of the realm of possibility lets say we missed the expectation its a very easy out for Jerome Powell to say something like hey just following the data f