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:

Market Talk – June 15, 2026
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ASIA: The major Asian stock markets had a green day today: • NIKKEI 225
increased 3,297.46 points or 4.99% to 69,317.50 • Shanghai increased 64.959
points ...
47 minutes ago