The S&P 500 (^GSPC) is forming a bottom, says one technical analysis expert.
“It’s always precarious at the end of a bear market, a market that’s trying to transition from bearish to bullish, as it were. And our call and our charts continue to suggest that that’s exactly what’s going on here, that the S&P is forming a bottom,” Rich Ross, Evercore ISI senior managing director of technical analysis, told Yahoo Finance Live.
S&P 500 had a massive 4% down day earlier in the week. The S&P…
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