The Tell: Stock-market bulls must defend this ‘line in the sand’ to avert deeper slide: analyst


A post-Labor Day wobble aside, stock-market bulls are hanging in there, but much may ride on whether the S&P 500 can maintain important support near its current trading level, a technical analyst said Wednesday.

Stocks got off to a “stumbling start” to a holiday-shortened week Tuesday as U.S. investors returned after Labor Day, but weakness hasn’t been enough to “completely upset” the bullish setup, said Andrew Adams, in a note for Saut Strategy.


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