The stock market has experienced huge moves so far this year, far greater than have been seen since the fall of 2011. There has been a lot of back forth action, but the bears seem to be gradually getting the upper hand. Yet, the indicators are mixed and it could be that the Standard & Poors 500 Index ($SPX) is just in a wide and volatile trading range.
$SPX has established support near 1990. Below there, the next support level is at roughly 1975, and if that support is[...]