All Major US Equity Indices Break Below Critical Technical Support

The S&P 500 is testing a crucial CTA “trigger” level at 2903, but more broadly, all the major US equity indices have broken down below key technical support levels…

• Nasdaq below 100DMA

• Dow below 100DMA

• S&P below 100DMA

• Russell 2000 below 200DMA

Bond yields and the dollar are unchanged.