Charting a corrective bounce, S&P 500 rallies to the 2,450 breakdown point
August 22, 2017 at 12:51 PM EDT
The S&P 500 has reversed from one-month lows, rising respectably after a technically damaging August downturn. In the process, the S&P has rallied within striking distance of the breakdown point — circa 2,450 — an area matching a headline U.S. technical test.
