The 20-day moving average (pink line) is a key technical support level; when indices are in a strong uptrend and bounce off the 20-day MA repeatedly, it confirms the underlying uptrend is intact.
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Chris RillionEvidence Quote
“this pink line is the 20-day moving average”
Source
Will the S&P 500 Crash By 50%? How Gold Could Protect Your Portfolio | Chris Vermuelen— WealthionCreated: 8/10/2026, 11:07:32 PM
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