Charting the S&P 500’s near-term technical test
August 02, 2016 at 12:31 PM EDT
The major U.S. benchmarks are off to a soft August start, pulling in from the 2016 peaks. Against this backdrop, the S&P 500 is pressing first support — spanning from about 2,155 to 2,159 — an area defining the immediate bull-bear battleground.