This is the Technical hit-list for the S&P 500 Right now...

[Chris Johnson Penny Hawk Header](   [There’s “Rich”... And Then There’s “Texas Rich”]( As we speak, a massive bidding war in the oil fields of the Permian Basin is setting up for a new generation of “Texas Rich.” All you need to know is the right acquisition targets and how to play ‘em. Garrett {NAME} is sharing the full game plan: his targets, the buyers, and the date of every single deal. If you’re ready to learn the meaning of “Texas Rich,” [Check it out by clicking here](.   This is the Technical hit-list for the S&P 500 Right now... Thursday, April 27, 2023 Hello – There are currently 32 companies in the S&P 500 that are trading within 1% of their 200-day moving average (MA200). What makes this interesting is that people are still of the mindset that everything is fine and the market is going to keep rallying higher… But a break below the MA200 is widely accepted as a late sell signal. It makes sense, we’ve had a long period of time where the market was trending lower, and as of recently, stocks have received an unwarranted spike higher. Due to the further-looking nature of this indicator, the MA200 hasn’t received the message yet. So at this point, you would have seen a ton of other reasons to sell off, whether it’s a cross below the 20-day moving average (MA20) or 50-day moving average (MA50), a break in the Bollinger Bands and overbought RSI, breaking the Fibonacci levels – the list goes on and on. But a break below the MA200 in current market conditions is likely to have investors running with their tails between their legs. As always, there’s more to the story, and combing through 32 charts can be a tedious process. So the next logical step is narrowing the list down by adding in additional conditions in attempts to confirm this theory. Using my filters, I input these 32 companies and added the requirement that they are trading within 1% of their MA50 AND the MA50 is showing a bearish bias. [That condition narrowed it down to these eight companies…]( Chris Johnson By texting INCOME to 21852, you are expressly consenting to be texted about investing news, trade alerts and marketing communications from Money Map Press, LLC about Money Morning's Red Alert text messaging service at the phone number you use, even if the phone number is on a corporate, state or national do not call list. You also consent and unconditionally agree to our [Privacy Policy]( and [Terms of Use]( including the arbitration provision and class action waiver contained therein. Your consent is not required to make a purchase. Msgs may be sent using automated technology. Message frequency varies. Msg&data rates may apply. Text HELP for HELP and Text STOP to STOP. You are receiving this e-mail at {EMAIL}, as part of your subscription to Penny Hawk. To remove your email from this list: [unsubscribe here]( To cancel, or for any other questions or requests, please contact our Customer Service team: Online: [Customer Service Form]( Phone: 888-384-8339 (North America) 443-353-4519 (International) Mail: Penny Hawk | Attn: Member Services | 1125 N Charles Street | Baltimore, MD 21201 Fax: 410-622-3050 Our Customer Service team is available Monday ­ Friday between 9:00 AM and 5:00 PM ET. © 2023 Money Map Press. All Rights Reserved. Nothing in this email should be considered personalized financial advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Protected by copyright laws of the United States and international treaties. This Newsletter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of: Money Map Press. 1125 N Charles Street, Baltimore, MD 21201. [Website]( [Privacy Policy]( | [Terms & Conditions](