mike-7d

S&P crash on November 30th

SP:SPX   S&P 500 Index
November 30th (red line) is 50 days from October 11th (green line). On the 30th anything prior to the green line will not be counted on the 50 day MO (Yellow). I expect the 200 day MO (white) to stay relatively flat until this day. If the area of the market price above the 200 day (green) is less than area below (red), the 50 day will cross the 200. At a potentially steep rate.
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