In focus: Bears losing their grip?


The bears have had a couple of strong runs at breaking this bull market, but all they’ve been able to do is increase volatility and push the Standard & Poor’s 500 Index into a trading range. So far, they have not, however, been able to break support, which could lead to further declines.

The S&P 500 Index SPX, +0.47%   bottomed near 1,990 for three straight days ending last Friday.