SPX is potentially turning this month following a marginal ATH.
Its low in August is 4367.73, which needs to be breached for a credible turn (Chart 1).
The index closed just below its 50-day SMA (Chart 2) after being rejected by the underside of a potential prior EDT (Chart 3). Ideally, that resistance (4486.87) should not be regained to reflect any determination of a turn.
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