In 2018 the SPX went down to 200 MA on the weekly chart where it found support. In June 20008 that support was broken. Since then with the exception of a minor fake out in 2011 that support has remained unbroken. Now it's just waiting to see if enough "non QE" can give the market enough money to keep going.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.