The chart of the day is from TheWaveTrading via SafeHaven and shows the 10 month moving average (MMA) crossing below the 20 MMA for the S and P 500 after 8 years. Long term moving average crosses are usually associated with trend changes as was the case with the S and P 500 in 2000 and 2008:
The DOL’s Final Fiduciary Rule Is Here. See What’s Inside!
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In short, it requires all retirement investment advisors to provide
prudent, loyal, and honest advice free from overcharges.
8 minutes ago