S&P 5oo YTD, daily.
Where will this go? I would say the probability is much higher that it will continue down, because......
S&P 500 2 years weekly.
A cross-over MA 20/40 w now tells us the long term trend is down, which also is supported by the dow jones and the global dow.
The probability that it will continue down is now much higher than that it would bounce back up again.
Stay out!
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