Worth repeating: $S&P 500(.SPX)$ broke its 50-DMA on Nov 17.
Historically, streaks like this resolve with a 15–25% drawdown within 6–12 months after the break.
The signal is active — the clock has been ticking since mid-November.
As I said on NOV10:
SPX has held above its 50DMA for 132+ sessions — one of the longest streaks in history.
Every prior streak like this ended with a 15–25% drawdown within 6–12 months.
That aligns perfectly with my Wave 4 correction roadmap into 2025–26.
It hasn’t closed below the 50DMA yet… but when it does
⚠️ that’s the sell signal — the start of the higher-degree correction.
This chart says it all.
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