SP500 – Daily Analysis

Whoever missed yesterday’s warning may want to start paying a little more attention to Investing Angles. We can bring the horse to water. We can point directly at the water. We can even put up a flashing sign saying, “Water here.” Drinking it, unfortunately, remains optional. Today, the market finally delivered the statement we have been preparing our members for over the past several weeks. And it was not subtle. But the more important part may still be ahead. Today’s move may have been the warning shot. Tomorrow could deliver the message in much larger print. Let’s review the technicals. CANDLES & TA Signal The indicator continues to slide with no sign of a reversal. The blue-over-green crossover—the long-term MA over the very long-term MA—now appears almost certain to occur tomorrow, regardless of the market’s next move. If confirmed, the 2023 and 2025 declines would effectively drop off the technical…