Sp 500 at a Crossroad!
Since Trump Election 11-16 SP500 has settled below 200 SMA only one other time on 4/2/18 and only for a day. Yesterday the SP500 closed at (2728.37) below the 200 SMA (2765.75)
A close below signals a lack of buyers at discount levels and a bear market is born.
A close above and new all time high could happen in short order.
Mid Term elections here we come!
Place your bets accordingly.
A close below signals a lack of buyers at discount levels and a bear market is born.
A close above and new all time high could happen in short order.
Mid Term elections here we come!
Place your bets accordingly.
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