Story
Bearish CTI Could Keep Investors on Defense
The S&P 500 has been confined to a trading range between 6,800 and 7,000 since December and is currently wedged between its 50-day and 100-day moving averages. Technical indicators were mostly negative as the month ended, with MACD, a short-term trend gauge, firmly in bearish territory across most major indexes, while momentum, as measured by the 14-day RSI, ranges from neutral to negative...
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