MMTW daily chart provides clues for near-term SP500 direction

I am now looking at the MMTW daily chart which is focused on the % of SP500 stocks above their 20-day moving average. This may be the beginning of the next bear leg down for the US stock market.

코멘트:

SPY is now hitting overhead resistance at the 200-day Moving Average.

Chart at schrts.co/daFYJ3