- Following my March report, “SPY: The Death Cross And What You Need To Know,” the S&P 500 registered seven straight weeks of losses.
- The question now, where do we go from here?
- Technically speaking, the S&P 500 has now cemented a head and shoulders top in addition to a death cross, with all major averages technically bearish.
- The bond market is providing clear signals about the likely path forward for those who are looking.
- While economic volatility and recession risk remain elevated, so are the number of opportunities. This is especially true on the cusp of a secular regime change.
For further details see:
S&P 500: The Path Forward