InvestorsHub Logo

Oddlot

08/20/22 6:18 PM

#37752 RE: Oddlot #37746

$SPX MA200 did not give the same signal as MA216. Slope of MA200 remained negative, while MA216 flipped up for 3-4 days and then reversed. Bear Mkt Rally scenario continues, but may be ending. 36day cycle is due for low Labor Day, and we are entering week6 if 10/21/43 week cycles which will lead to the 6.5yr low.