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Seth Golden posted an update 4 years, 4 months ago
Trailing 12-month S&P 500 performance loosely tracks the J.P. Morgan Recession Risk Tracker since the early 1990s. The residual equity performance sits in the upper end of the residual range and near the 2 standard deviation threshold. That fundamental check for our technical outlook reinforces the idea that the index should struggle to maintain a break through 2900 over the near term