People Are Expecting a Stock Market Crash

Technical analysis of S&P 500 and Nasdaq futures shows sideways consolidation with potential downside risks. The Emini S&P September contract broke below 7380 but bounced from 29160, with key support levels at 7345/35 and potential retest of June lows at 28590/510 if further downside occurs. Resistance levels are at 29990 and 30250/290.