Charting another trade-fueled whipsaw, S&P 500 hesitates at 50-day average

Published: May 20, 2019 11:37 a.m. ET

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U.S. stocks are lower early Monday, pressured as China-U.S. trade tensions re-intensify.

In the process, the S&P 500 continues to whipsaw amid jagged May price action, venturing back under the 50-day moving average, currently 2,870.

Before detailing the U.S. markets’ wider view, the S&P 500’s

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Michael Ashbaugh writes technical analysis for MarketWatch and is editor of MarketWatch's "The Technical Indicator" newsletter.