US stock futures once again point to a lower open, currently sitting barely above last week’s low. With more weakness over the weekend, the market is coming into a crucial area. The S&P now looks set to bump into its 200-day moving average, while the Nasdaq is well below its 200-day. We are now in the midst of a 7-week losing streak, but still only just more than 7% from the highs. All…
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