S&P Breaks 200 Day Moving Average DownS&P 500 IndexTVC:SPXerdem_bilginOn February 3rd of this year, I’ve published an opinion saying that S&P is wheel spinning and we are at the end of an uptrend. I was expecting an unexpected “cause” to pull the rug in December 2025 or by the end of January but it happened at the end of February. It was obvious since December 2025 that the S&P didn’t have the thrust to go higher. And as always, if you can’t go higher, a fall is near. S&P is down by 6% since my last post, not too much (for now) but given the circumstances, the uncertainty and the oil prices skyrocketing which will definitely effect inflation numbers, I don’t see S&P going all time high for a while. And since the 200 day moving average is broken down, we have to wait and see if S&P will have the power to get back over it. Otherwise, 200 day ma will become the resistance level and then it will not be bright for the markets. Don’t forget to check the weekly and the monthly charts as well, which are still downwards according to the RSI, Stoch RSI and Macd. Mind the Macd crossing down on the monthly chart. I won’t be surprised if we go through a pattern like in 2022.