- 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

![Image upload](https://cdn.commonstock.com/b0a280eba4625ddd86658c4261f3169fe104b2d3eb35bd0b1e5e25adf566082c-2392x1168.jpg)

QQQ / Nasdaq wise we did cross just recently

![Image upload](https://cdn.commonstock.com/91678c5f3d8fb41da1db25118d15c31c90c7573b7ad0ac704a9ce07a3f3ea134-2389x1170.jpg)

Cheers!

Great minds think alike! 

[https://commonstock.com/post/40591291-4ff1-49e8-b6aa-41014b185415](https://commonstock.com/post/40591291-4ff1-49e8-b6aa-41014b185415)

Preston | Investor Insight

S&P 500 technical long term view

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