The 50dma and 200dma should stall the SPX drop. That might be for just today. 880 is support under that. The real test lies there.
XAU is on the toboggan ride south to 130. AEM has lost a significant trendline and it’s 50dma today.
Oil service stocks have rallied almost 100% in just 3 months. That sector has helped fuel the broad market. OIH is trading under it’s 50dma today. The 200 dma should stall the decline near 93, as well as the May low pivot. Support below that sits at 85 where it broke out in April.
