Early Update – Another Major Index Reaches Its H&S Neck Line & S&P Close to the Same

11:29 a.m. ET Since the open, Existing home sales were worse than expected, decreasing -0.7% month-over-month in August (expected to rise +0.7%) to a seasonally adjusted annual rate of 4.04 million (consensus 4.10 million) from an unrevised 4.07 million in July. Home Sales prices dropped -0.7% on a month over month basis, leaving sales down…