The last time the S&P 500 “suffered” a Golden Cross (50-day moving average crossing bullishly above the 200-day moving average), it marked the top in December which was rapidly followed by a decline only coordinated global central manipulation could save. This time it is also being met with weakness as The Dow loses the key 18,000 mark, VIX jerks back above 14.5 and S&P is tumbling…
But for now no one is buying it…
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