Key Takeaways The S&P 500 faces growing downside risks amid deteriorating market breadth. Despite a sharp rebound in semiconductor stocks, only three of the eleven S&P 500 sectors advanced, highlighting narrow leadership and a lack of broad-based participation in the rally. Rising expectations of Fed rate hikes are tightening financial conditions. Following a stronger-than-expected US […]
The post Chart Alert: SPX 500 Weak Market Breadth and Fed Rate Hike Fears Signal Further Downside Risk appeared first on ActionForex.
