% of S&P 500 Members Above 200-Day Moving Average

% of S&P 500 Members Above 200-Day Moving Average This chart shows that breadth across stocks and sectors had been weakening, even though the S&P 500 was climbing to new highs. Image: Deutsche Bank Asset Allocation

S&P 500 and 200-Day Moving Average

S&P 500 and 200-Day Moving Average This chart shows how far above the S&P 500 is relative to its 200-day moving average. Image: Fidelity Investments

S&P 500 and Moving Average

S&P 500 and Moving Average When the 200-day moving average is back above the 400-day moving average, it tends to be bullish for the S&P 500. Image: Commonwealth Financial

Recession Indicator – Unemployment Rate (3-Month Average) Relative to Prior 12-Month Low

Recession Indicator – Unemployment Rate (3-Month Average) Relative to Prior 12-Month Low Even if the unemployment rate is a lagging indicator, the “Sahm recession indicator” forecasts a recession when the 3-month moving average national unemployment rate exceeds its minimum over previous 12 months by 0.5 percentage points. Picture source : Claudia Sahm, Board of Governors…