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re: S&P 2350 Major Pivot (We closed ABOVE it)

Posted on 3/19/20 at 9:52 am to
Posted by rintintin
Life is Life
Member since Nov 2008
16227 posts
Posted on 3/19/20 at 9:52 am to
I assume you're a technical trader. What do you think about the potential death cross that's about to hit in a few weeks or so? That 50 day is on a steep downhill towards that 200 day.
Posted by Hussss
Living the Dream
Member since Oct 2016
6753 posts
Posted on 3/19/20 at 10:01 am to
I am. Getting back up through that 200 will tell us everything. If we can do it, market says recession (we already priced in an average recession). If we fail and start plunging into a big wave 3 then the market says depression.
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