S&P 500 extends the corrective bounce, pressing major resistance
February 16, 2016 at 12:54 PM EST
The S&P 500 has extended its corrective bounce, reaching major resistance against a bearish longer-term backdrop. The specific area rests at S&P 1,886 — matching the neckline of its head-and-shoulders top — an area that’s under siege to start this week.