The chart of the day is from TheWaveTrading via SafeHaven and shows the 10 month moving average (MMA) crossing below the 20 MMA for the S and P 500 after 8 years. Long term moving average crosses are usually associated with trend changes as was the case with the S and P 500 in 2000 and 2008:
Xponance Inc. Sells 15,068 Shares of DaVita Inc. (NYSE:DVA)
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Xponance Inc. lessened its position in shares of DaVita Inc. (NYSE:DVA –
Free Report) by 55.0% in the 4th quarter, according to its most recent 13F
filing ...
9 minutes ago