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:
Elon Musk Confirms Upgraded Grok-1.5 Chatbot Will Launch Next Week
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Musk also teased the development of Grok 2 in a Friday post on his social
media platform X.
14 minutes ago