Stock-market bulls must defend this ‘line in the sand’ to avert deeper slide: analyst

The S&P 500 on Wednesday tested what one technical analyst said may prove to be a very important support level.

Stocks got off to a “stumbling start” to a holiday-shortened week Tuesday as U.S. investors returned after Labor Day, said Andrew Adams, in a note for Saut Strategy.

The 4,450 level in the S&P 500 SPX “is still the rough ‘line in…

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