S&P 500 technical long term view
  • we should watch that 'X' cross-over of the moving average: 50w kissing the 100w now
  • RSI heading towards oversold levels after this rally, but more room to reach that level
  • I highly doubt we go a' la Dot-Com / Lehman even if we cross, but might see some more selling short term if we cross there

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QQQ / Nasdaq wise we did cross just recently

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Cheers!

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