S&P 500 IndexShort
The most bearish chart in the world right now
There's only one indicator here: the 200-day moving average on the S&P 500.
For the first time in almost ten years, this level has been breached to the downside. We are officially in a bear market, and there could be much farther to fall.
Today's close will be a historic one, as the Fed pumping over a trillion dollars worth of liquidity into the markets didn't seem to do much of anything at all, with markets STILL sinking by about 8% across the board.
For the first time in almost ten years, this level has been breached to the downside. We are officially in a bear market, and there could be much farther to fall.
Today's close will be a historic one, as the Fed pumping over a trillion dollars worth of liquidity into the markets didn't seem to do much of anything at all, with markets STILL sinking by about 8% across the board.
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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.
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.