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Keyword: deathcross

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  • Dow death cross is a bearish omen for the stock market

    08/12/2015 1:00:46 PM PDT · by EBH · 9 replies
    Market Watch ^ | 8/12/2015 | Tomi Kilgore
    A death cross is said to have occurred when the 50-day simple moving average, which many use to track the short-term trend, crosses below the 200-day moving average, which is widely used to gauge the health of the longer-term trend. For the Dow industrials, it marked the first time the 50-day moving average, which ended Tuesday at 17,806.99, was below the 200-day moving average, at 17,813.42, since Dec. 30, 2011, according to FactSet. Many technicians see the death cross as marking the spot that a shorter-term pullback morphs into a longer-term downtrend. The Dow followed Tuesday’s death cross by falling...
  • The Dow "Death Cross"-es For First Time In 4 Years: This is what happened last time..

    08/11/2015 8:02:34 AM PDT · by SeekAndFind · 13 replies
    Zero Hedge ^ | 08/11/2015 | Tyler Durden
    Just as we warned yesterday, unless the Dow can miraculously rally over 17,850, The Dow will close in a Death Cross pattern. This is the first time that the 50-day moving average crosses below the 200-day moving average since August 2011 (which was followed by a 1300 point swing from high to low in The Dow)... For the first time since Aug 2011, The Dow Death Cross'd... And this is what happened last time... After a reflexive bounce, The Dow dumped 1300 points in 4 weeks.