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Play Editor's note: The major market indices still look like they want to bounce higher. However, we are concerned with the bearish failed rally under the simple 200-dma in the Dow Jones Transportation average. Plus, the small cap Russell 2000 index just produced a bearish (reversal) engulfing candlestick pattern. We suspect that the market might see more weakness tomorrow morning. It is anyone's guess if it will bounce back into the weekend.

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