This week’s stock market’s tumble may signal a much bigger downside lies ahead.
Technician Scott Redler is noticing an ominous trend in the charts that could temporarily pull the S&P 500 Index down by three to five percent.
“We could be at a short-term top,” T3Live.com’s chief strategic officer recently said on “Futures Now.”
Redler argues a late August correction isn’t so unimaginable — especially as concerns about North Korea’s nuclear intentions escalate.
“The 50-day moving average is…