Probably my key s&p chart right now.
The 3 year chart.
See how the 50 sma that blue line on this chart is at 4400.
I'm thinking that's resistance and in weeks market stays lower until we get a cross of the 10 below the 50.
Something that hasn't happened since Covid March 2020.
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I can’t help but notice the cross marked the bottom. Not sure that will happen this time, but interesting nonetheless.
Following your teaching , i would think that the cross of the 10 below the 50 would be a sign that it would be getting lower. Where am i wrong? Thanks




