$SPX Slip Sliding Under 50DMA

The S&P 500 posted its fifth close in a row below its 50-DMA. Volume trend supports Bears. Financials are downside leader at moment. There's still plenty of solid growth stocks with chart patterns that haven't completely broken apart. Maybe second quarter window dressing will fix things for the Bulls as we wrap up September next week. But heavy bets may off until after election.
Trend Analysis

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