A break of this trendline could mean heightened risk for bulls
Schaeffer's own Andrea Kramer stopped by CNBC's Squawk Box this morning, where the discussion was focused on the recent stock market sell-off. Andrea called out the key S&P 500 Index (SPX) moving average to watch this week, and explained why a close south of this trendline could mean heightened risk for bulls. She also weighed in on the round of "death crosses" on the Street, and explained why traders shouldn't put too much stock in this ominous-sounding technical indicator.
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Dow, S&P at 3-week lows from CNBC.