S&P 500 reaches firmer technical ground, pulls in from major resistance
January 22, 2019 at 13:05 PM EST
Technically speaking, the U.S. benchmarks’ January rally attempt is intact, writes Michael Ashbaugh. Still, the S&P 500 has tagged major resistance — the 2017 close (2,673) — and the aggressiveness of the selling pressure in this area will likely add color.