Keeping it simple... Each time the 20SMA has curled over this significantly on the monthly, we have gone into a recession. Expect a steep decline in equities in the coming months. SPY 328 incoming.
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Disclaimer
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.