Machines Rule, Bears Drool

The S&P 500 and Nasdaq 100 have been masking the broad market selling that is obvious if you look at other indexes breaking below their 100-day moving averages.

The S&P 500 and Nasdaq 100 have been masking the broad market selling that is obvious if you look at other indexes breaking below their 100-day moving averages. Watch these indexes for the next two weeks to see if the strong S&P can stop their slide, or it gets pulled down further with them into its first double-digit correction in over two years.

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Kevin Cook is a Senior Stock Strategist for Zacks.com where he runs the Follow The Money Portfolio.

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