Here is a look at factors that may propel the market higher, as well as some that argue for another dive lower:BULLISH FACTORS:
-- At nearly 13 months, this bear market is approaching average length but has posted worse than average losses. Previous bear markets have lasted an average of about 16 months from peak to trough, with stock losses of 31 percent, based on Standard & Poor's data. As of Monday afternoon the S&P 500 index was down 38 percent from its peak in October 2007.
-- World markets are coming off their worst two months ever, suggesting the time is ripe for a turnaround. Standard & Poor's says 52 leading global markets lost a combined $5.79 trillion in October after losing $4 trillion in September.
Read More