The Recent Bounce In Stocks NEEDS To Regain Momentum QUICKLY

Any meaningful resumption of the market's correction will likely lead to much lower-lows.

In today’s piece, we discuss why a failure of the recent bounce in stocks will create a big problem if the major averages break a key support level…..We also discuss why merely cutting short-term interest rates a little more aggressively will not mean that the “Fed put” is firmly in place once again.