(CNBC) Stocks are now in a choppy period, and technical analysts say it has the look of a short-term pullback. Strategists say it would make sense for this week’s selling to fit in the pattern of many pullbacks with a 3% to 5% decline. But corporate earnings season could decide the fate of the sell-off, which took the S&P 500 to Tuesday’s close of 4,134, a decline of 1.2% from record highs on Friday.
This week’s market decline looks like a brief pause for now, analysts say
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