The chart of the day is from TheWaveTrading via SafeHaven and shows the 10 month moving average (MMA) crossing below the 20 MMA for the S and P 500 after 8 years. Long term moving average crosses are usually associated with trend changes as was the case with the S and P 500 in 2000 and 2008:
Bird Flu Virus Remnants Found In U.S. Milk Supply—FDA Says Milk Remains Safe
-
A large outbreak of bird flu in dairy cows as reported late last month.
20 minutes ago