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Michael Ashbaugh

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Sept. 3, 2019, 12:00 p.m. EDT

Charting a (fourth) failed technical test, S&P 500 balks at 50-day average

Focus: Real estate sector sustains a breakout, Health care sector presses key trendline, IYR, XLV, AKAM, LRCX, NEM, JKS

By Michael Ashbaugh, MarketWatch

Technically speaking, the major U.S. benchmarks continue to whipsaw, though against an increasingly range-bound backdrop.

Amid the cross currents, the S&P 500 has started September with its latest failed test of the range top, an area closely matching the 50-day moving average.

Link to MarketWatch's Slice.