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:
Bill Ackman Wants Firm’s Listing On Amsterdam Stock Exchange Dropped After
Antisemitic Attacks
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The hedge fund billionaire said “events” in Amsterdam were an “appropriate
tipping point,” after dozens of people were arrested for antisemitic
attacks in ...
15 minutes ago