S&P 500 Breakdown To Begin November

The S&P 500 is playing catch-up to the Russell 2000, now breaking down below the all important 2120 level. As of now, it looks like we have a date with the 200 day moving average, bringing us to a target of 2080. Here’s a look at the daily chart:

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On the day, the miners lead the way, with $GDX, $GLD, & SLV being the top performers.