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Dow Gives Up Post-QE3 Gains, S&P Breaks Below Key Technical Support

The S&P 500 has once again broken, rather aggressively, below its 200-day moving average and is headed close to unchanged for 2015. The Dow has tumbled 1200 points from its highs and has now broken below the level at the end of QE3... we are gonna need a bigger Fed Balance Sheet...