S&P Plunges Through Critical Technical Support, Nasdaq Negative For Year

Content adapted from this Zerohedge.com article : Source


The stock market ended the week on a major down note.

Friday saw the Dow shed almost 600 points. This appears to be in response to the trade war President Trump is waging with China.

The President warned investors that there is going to be some pain in the markets.

We now see all major equities at a loss for the year.

One bearish signal, the S&P broke the 200 DMA.

Next week will tell us if it bounces back or keeps heading lower.

Non-adapted content found at zerohedge.com: Source


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