Are We On The Verge Of A Global Panic?

“Monday marked the 10th time during this bull market that the S&P 500 fell from a recent high to below its 100-day moving average. All 10 times, stocks rebounded over the next 1-2 days. Seven of those times, it marked the low for months. When the market’s rebound was meek, it led to some further losses.

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