Death Cross
When the 50 day moving average crosses the 200 day moving average it is a big deal. Such big deals that the events have names. When the 50 day MA crosses above the 200 day MA it is called a "Golden Cross" and when it crosses below it is called the "Death Cross"
The last Golden Cross was end of June 2009. The last Death Cross was January 2008.
Guess what? EFA and EEM have already produced Death crosses and the SPY, MDY and IWM are all poised to in the next couple of days.
Anyway, take a look.
The last Golden Cross was end of June 2009. The last Death Cross was January 2008.
Guess what? EFA and EEM have already produced Death crosses and the SPY, MDY and IWM are all poised to in the next couple of days.
Anyway, take a look.
Posted by Bradley Fluetsch at 8/10/2011 5:25 AM 
Categories: Speculation
Tags: stock equity index death cross sell losses recession
Categories: Speculation
Tags: stock equity index death cross sell losses recession
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