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:

10 Thursday AM Reads
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My morning reads: • “If You Want to Bet on the End of the World…”: Puck
sits down with Mark Spitznagel on the art of cool bullishness — and what
tail-ri...
9 hours ago