Stock Market Analysis

The stock market rebound happened during pre-market but did not continue after it opened
As S&P 500 closed at 1588 yesterday & opened at 1595 today
It tried to reach 1600 but couldn't even go above 1599 & dropped to 1594
The rebound should be over for today
However, it might still try to reach 1600 again
If it fails to break above 1600 a few times, it should go down for the rest of the day