The main reason I’m sharing this is because I’m such an unhinged sports zealot.

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One of my favorite shows, Last Week Tonight, had a hilarious segment last night showing the entire world what an inept clown Jim Cramer is – – fade his EVERY move if you are wise. $5,000,000 per year for the world’s WORST investment advice. Beyond belief! Anyway, enjoy:
As I was writing on Friday, SPX is testing major double resistance at the month middle band and a key trendline from the 2009 low. With a daily RSI 5 sell signal fixed on SPX, at least a decent retracement here looks likely, and that may develop into a decline into a new bear market low under 3491.58.
SPX monthly chart: