Don’t Fear the Reaper

S&P broke the 50-dma in September without recovery (red line).

Haven’t seen that in a while.

Holding support around 4300 with the 200-dma as backstop (green line).

MACD is flashing sell.

“Ladies and gentlemen, please return to your seats and securely fasten your seatbelts. Cabin service is suspended for the duration of this flight.”

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