This is a chart originally highlighted on Stocktwits.com, the rising wedge on the S and P 500 with eerie parallels to 2000 and 2008. What is worth noting here is the current rising wedge is much bigger than that observed in 2000 or 2008. The consequences could be severe as and when the break occurs and could trigger a major bear market:
Dominion Energy, Inc. (NYSE:D) Shares Acquired by Valmark Advisers Inc.
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Valmark Advisers Inc. lifted its holdings in shares of Dominion Energy,
Inc. (NYSE:D – Free Report) by 42.6% during the 4th quarter, according to
its most ...
51 minutes ago
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