Market Awareness

#spx #market #spy

I don’t trade based on this indicator, but I know it is widely followed so I thought I would post for anyone interested. SPY’s 50-Day MA has been dropping relative to its 200-Day MA at about the rate of $1 a day. Since the spread is about $5 now, the famous (or infamous) “death cross” will occur around Monday or Tuesday barring any major changes.