Market bears resurface, S&P 500 balks at the breakdown point
April 18, 2017 at 12:45 PM EDT
The S&P 500 has notched three straight closes under the 50-day moving average against a still bending, but not yet broken, April technical backdrop. Still, the second-quarter downturn remains underway, and its aggressiveness is worth tracking for potentially damaging downside follow-through.