S&P 500 Going Sideways – Are We Getting Close to Breaking Out?

This article was originally published on ValueWalk

S&P 500

There’s still no clear direction, as stock prices continue to fluctuate following their mid-June sell-off. So is this a bottoming pattern? The S&P 500 index lost 0.13% on Wednesday, as it continued to fluctuate below the 3,800 level. Earlier in the week it retraced last week’s Wednesday’s-Friday’s decline to new medium-term low of 3,636.87. On […]