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:
Russia Set to Outpace All Advanced Economies – Sanctions FAILED
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Sanctions and the removal of Russia from SWIFT have not deterred the
Russian economy. A recent report by the International Monetary Fund (IMF)
predicts tha...
51 minutes ago