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Assessing where the S&P 500 will bottom this time as it heads back toward June lows

More In Santoli on Stocks

Feared stock market bottom retest is now underway
CNBC ProFeared stock market bottom retest is now underway
Higher rates are leaving investors around the world with nowhere to hide
CNBC ProHigher rates are leaving investors around the world with nowhere to hide
Oversold conditions are starting to emerge for stocks ahead of the Fed's decision
CNBC ProOversold conditions are starting to emerge for stocks ahead of the Fed's decision