Charting a false breakout, S&P 500 returns to jagged range By: MarketWatch April 24, 2018 at 12:36 PM EDT Technically speaking, the S&P 500 has recently staged a false breakout, reversing course to its former range, writes Michael Ashbaugh. Read More >> Related Stocks: Energy Select Sector SPDR INDUSTRIAL SEL S&P Homebuilders SPDR S&P Retail SPDR United States Oil Fund