Investable Wealth LLC

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Category: 3. Trends

  • S&P500 Averages are Converging

    Headlines have been pointing out that the Dow Jones Industrial average has hit a “DEATH CROSS”- the descriptive term for when the 50dma crosses below the 200dma.  What concerns me more is that the S&P500 is converging toward the same trend. Note the below chart, the 50dma hasn’t dipped below the 200dma for exactly four…