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:

Private Equity Billionaire Mulls Joining U.K.’s Growing Wealth Exodus
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Rolly van Rappard, the cofounder of CVC Capital Partners, is reportedly
considering a move from London to a more tax-friendly jurisdiction.
5 minutes ago
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