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In this video, Bruce Marshall breaks down the market’s wild reversal after overnight selling flipped sharply on geopolitical headlines. Even with the big bounce, he explains why traders should still stay cautious as the SPX remains in a broader downtrend. Bruce also highlights Coherent (COHR) as a bullish stock idea and shares a defined-risk butterfly setup to target a potential move into earnings. It’s a solid look at how to stay defensive in a shaky market while still finding selective trading opportunities.
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