Why The Chart Monkeys Are About To Meet Their Maker

The chart monkeys were sweating bullets today because the casino’s safety blanket is in danger of falling off the ledge. We are talking about the 200 DMA of the S&P 500, which sits at 2768 and has been the site of hand-to-hand combat among the robo machines for nearly two weeks now. But this morning the index sliced […]
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