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:

Why Turkey Matters More Than People Realize
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I have repeatedly warned that people need to watch Turkey. Most analysts
view Turkey as simply another emerging market struggling with inflation,
currency ...
5 hours ago
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