S&P 500, Nasdaq Face Bear Flag Threat; Russell 2000 Needs 200 DMA Support to Hold

Yesterday was not a great day for bulls; what looked promising for all indexes intraday, was cooked by the close. The percentage loss for the day was not the issue, it was the intraday spread that caused the problem., current action since April lows has the look of 'bear' flags, and if they play out as such, then we need to look for measured moves lower .) won't be finding support at its 200-day MA.

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