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S&P 500 sees increasingly broad participation: CFRA

S&P 500 hitting a post-bear all-time high recently means that it will possibly decline 5-15% within the next two and a half months, says Sam Stovall of CFRA. Meantime, there is increasingly broad participation in markets as 90% of the S&P's 150 sub-industries are above their 10-week moving average and 70% are above their 200-day moving average.
Wed, Sep 2 202010:21 PM EDT