The bears are eyeing the June lows after the S&P 500 fell below 3,900.

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There is something unique about the 3,900 level and the S&P 500.

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Some technical analysts have warned that the stock market's June lows could be threatened by the index's recent performance.

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The index finished Friday below a key support level, and some fear this could lead to a test of the lows.

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The stock with the most volume traded over the past three years has been 3,900.

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We believe that Friday's closing price of 3,640 marks the beginning of a downward trend that could lead to the June lows.

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The S&P 500 finished the day down 0.7%, and for the week, it was down 4.8%.

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The index rose 5.7% from its June 16 closing low of 3,666.77.

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During the stock market selloff, the S&P 500 logged a low of 3,636.87 on June 17.

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The Dow Jones Industrial Average DJIA, -0.45% fell 4.1% last week.

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The Nasdaq Composite COMP, -0.90%, saw a 5.5% weekly drop.

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Futures for the S&P 500 index pointed to more losses on Monday morning, with Dow futures down nearly 250 points.

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