Bearish Risk For The S&P 500

With the summer now over, the market is turning the page to the economic events leading up to year-end.  One of those key events will be the Fed meeting in September.  As a result, the S&P 500 is beginning to show signs of fading momentum on the long-term charts.  If you recall, the S&P surged following the Fed’s June meeting whereby Janet Yellen and the FOMC held off hiking interest rates.  As expectations build for a possible September or December rate hike, it’s likely we’ll see an increase in volatility.

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Bearish Risk For The S&P 500

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