<p>Closing changes for the main US markets:</p><ul><li>S&P 500 -0.6%</li><li>Nasdaq composite -0.8%</li><li>Russell 2000 -1.7%</li><li>DJIA -0.4%</li></ul><p>On the week:</p><ul><li>S&P 500 -4.8% — worst since week ending June 17</li><li>Nasdaq composite -5.5%</li><li>Russell 2000 -4.9%</li><li>DJIA -4.1%</li></ul><p>Now for more bad news: There’s an outside bearish reversal on the weekly chart of the S&P 500 (and the Nasdaq as well).</p><p>If that’s not bad enough, next week is the worst week on the calendar seasonally for equities, over the past 50 years.</p>

This article was written by Adam Button at forexlive.com.