Pre-Market Update: The bears tried their best to cause wide-spread panic on Wall Street last Monday, but a quick “double bottom” that went unnoticed by the suits-and-ties was made in the process. The rest of the week was controlled by the bulls, as the indices made average daily moves of 2% before relaxing on Friday ahead of the three-day weekend. With the first half of the 2016 action behind us, the next six months promise to be just as exciting, with continued whipsaw action and explosive volatility.

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