S&P support at 4531 then 4500.
A break below 4500 this week increases the chances of another drop below 4300 and a future 10%-20% correction on the s&p in coming months.
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S&P futures are down 11.
That's one problem.
Margin calls are coming that's another problem.
s&p hasn't had a strong rally in days.
That's another problem.
Why I went back in cash after a small bounce today.
