S&P500: stalls below 3.940, threatens 3.900


(CercleFinance.com) – The heaviness of the last fortnight of August is not dissipating: S&P500 attempts a rebound on 3,920 (the former low of July 26) but immediately stalls below 3,940 and threatens 3,900 in stride .
Below 3.920, a slide towards 3.796 (July 14th ‘gap’ is looming), and will probably continue in contact with the summer support of 3.666 from June 20th

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