Guilherme Tavares highlights rare historical instances when the S&P 500 rose over 9% in a day after falling below its 200-day moving average (DMA), with data from 1929 to 2021 showing only five such events, each followed by an average 20-session decline of 4.33% and significant drawdowns up to 18%. Hence, the sharp rally on April 9, 2025, may be followed by a correction as well.
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