REUTERS/Philip Massie The S&P 500is headed towards a level that would trigger a "wave of selling," according to technical analysts at UBS. They forecast that the next leg down in stocks could begin as soon as next month. Watch the S&P 500 in real time. The S&P 500 is headed towards a level that would prompt a new wave of selling, according to technical analysts at UBS. Michael Riesner and MarcMüller said in a note Wednesday that the 2,580 mark became an even more important threshold after the S...
Stocks are fast approaching a level that would trigger a 'wave of selling,' UBS warns
Business Insider - 14 Apr 2018 18:10
REUTERS/Philip Massie The S&P 500is headed towards a level that would trigger a "wave of selling," according to technical analysts at UBS. They forecast that the next leg down in stocks could begin as soon as next month. Watch the S&P 500 in real time. The S&P 500 is headed towards a level that would prompt a new wave of selling, according to technical analysts at UBS. Michael Riesner and MarcMüller said in a note Wednesday that the 2,580 mark became an even more important threshold after the S...
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