Are The Bears to Scared To Bounce?

Just look at the simple chart of the S&P500 (SPY) below.  The fact remains that every single dip got bought more aggressively than the last one over the past .  

After so many slaps to the head do you think the bears might just be a little shy to pounce on this little mini sell-off we have going underway today?

I think so 

 

 

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