A Technical View Of The S&P 500

by Chris

While US equities continue to sell off this morning, and gold climbs, here’s a view of the technical damage done to the S&P 500:

The ‘back test’ of the 200 day seems to have failed today.  There will need to be a more definiative rescue to pull this back up.

Right now it seems like Powell is not interested in that nearly as much as his predecessors.

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