Goldman Sachs has issued a warning regarding the S&P 500, predicting an imminent correction and advising investors against buying the dip. According to Scott Rubner, a tactical strategist at Goldman Sachs, the S&P 500 Index is expected to decline further. Rubner emphasizes that he is not purchasing the dip, signaling a cautious stance as the market faces what he describes as a 'summer slip' starting on July 17th. Goldman Sachs also suggests that it is time to hedge momentum, further underscoring the anticipated downturn. Additionally, GS CTA positioning indicates a negative outlook.