$SPX slope of the 50 DMA, although negative, is diverging from price. Similar to 2002 and 2009 market bottoms. pic.twitter.com/xW9OArhhh7 — Shane C. Murphy (@murphycharts) October 4, 2022 Today’s Chart of the Day was shared by Shane Murphy (@murphycharts). Shane points out an interesting divergence between the S&P 500 and the slope of its 50-day moving […]