UBS Technical Analysts See Possible Ten Percent Drop For S&P 500 Amid Trump Momentum

UBS technical analysts are with her – sorta…. Republican Presidential aspirant Donald Trump is gaining in the polls, the oil market continues to fall and a September top has been put in place in the S&P 500, technical analysis from the UBS sales trading desk says. UBS technical analysts – 8% to 10% stock market correction possible The US stock market was down fractionally Wednesday, bumping up against the lows of the week hit after last Friday’s sell-off. But this is just the start, says technical analysis from UBS’s Michael Riesner and Marc Muller. The pair now thinks an 8%…