markrivest

SPX Decline Has Begun

SP:SPX   L'indice S&P 500
My prior post noted a decline in US stocks was imminent. Today 01/15/21 the SPX daily MACD had a bearish crossover a few trading days ago the daily Stochastic had a bearish crossover.
If the decline continues it may only last until the end of January or early February , this is based on a possible analogy with the SPX January 2010 peak. That minor decline lasted about two weeks and fell about 9%.

Mark

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