Markets Extend Losses
![Image](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh8brh8jo0OoyQcCX64GdXs8LOIXtHIJDMQ5W3yyU58wZe4ABYOPaE97BLHnMB17qzB5NjtzB0HWdAK9q7ktMYg_L2HdtWgDuWf4fUD2UlU56eVKHEGcFGsVyQL5J-3n5bncBEq/s1600/SPX_Sep29b.png)
Friday belonged to Bears as sellers finished the week in control but bulls still have support to lean on in the shape of moving averages. The S&P is leaning on the 50-day MA with 'sell' triggers in the MACD, On-Balance-Volume, and ADX, although relative performance ticked up against the Russell 2000. Volume rose in confirmed distribution. Monday is a fresh chance for bulls to recover the losses.