$SPX - Closed below the 20 day MA. The last time it happened the index bottomed on the same day, but it was because of the CPI release the next day. This time there's no catalyst on Friday to stop the decline, so hitting the lower band at 6753 has a much higher probability.
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$SPX - Closed below the 20 day MA. The last time it happened the index bottomed on the same day, but it was because of the CPI release the next day. This time there's no catalyst on Friday to stop the decline, so hitting the lower band at 6753 has a much higher probability.