Яндекс.Метрика It's official....the Death Cross has crossed for the S&P...(if that makes sense) ⋆ Technologies of the future for life!
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It’s official….the Death Cross has crossed for the S&P…(if that makes sense)


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50 day MA on S&P crossed below the 200 day MA

The dreaded Death Cross has crossed for the S&P today (is that redundant?).  The Death Cross is one of those ominous technical “signals” that is supposed to be indicative of a peak in stocks.  I don’t know what it is called when the 50 moves ABOVE the 200 day – maybe the life cross – but the world can go crazy when the negative happens.
Anyway, the 50 day is at 2759.35 today. The 200 day MA is at 2762.04.  The 50 < the 200. So it’s official.  The Death Cross has been crossed.  

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