Tuesday Troubles – S&P 500 Opens Below 6,000

6,008.51. That is the 50-day moving average and we’d better get above that quickly because there’s no real support on the S&P 500 until we hit the Weak Retrace Line at 5,800 and that’s another 3.3% down from here. What’s saving us at the moment is the Dollar dropping to 106.44 – down almost half […] Source