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Stocks rallied hard for a second straight day as the Dow gained 285-points on Wednesday, and the 2-day rally has recovered 554-points of the 871-point Brexit sell-off. We've seen repeated "V" bottoms over the last couple of years as investors chase the rallies off the lows out of fear of missing out, and in the past that fear was warranted. But a test of the major lows is not out of the question and it has actually happened twice in the last year, which you'll see below.
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