We are witnessing an extreme risk-on rally.

The S&P 500 golden cross has triggered.

Just 3 months ago, few could entertain the thought of a face-ripping rally. Pundits proclaimed another 2008-style meltdown was in order.

They were wrong…massively wrong.

In fact, one of the steepest rallies in history occurred.

Fortunately for MoneyFlows, we were armed with data that forecasted a positive situation.

We’ve been on record many times saying that the 2025 tariff crash mimics the 2020 COVID-19 crash to a tee. That’s the real analog that most missed this year.

And the latest golden cross formation will only cause more pain for the bears over the medium term.

Over the near-term, we are inching closer to a potential blowoff top that will bring a healthy reset for equity prices.

Those who have missed out on the monster rally will want to have this single indicator on their radar in the coming days and weeks.

Let’s now review the money flows landscape.

Disclosure: This recap uses AI to better explore our post here: https://moneyflows.com/blog/sp-500-golden-cross/

Remember none of this is personal advice of any kind. This is for entertainment and informational purposes only.