The Nasdaq Composite Index recently fell into what is forebodingly called a “death cross” after plummeting 16% since reaching a record high last November, reports an article in Bloomberg. The…
Tag: Death Cross
Death Cross "Grand Slam" May be Head-fake says one Market Researcher
Last week, the Nasdaq Composite produced a “death cross” chart pattern, which occurs when the 50-day moving average crosses below the 200-day moving average. It may signal moving from a…
Death Cross "Grand Slam" May be Head-fake says one Market Researcher
Last week, the Nasdaq Composite produced a “death cross” chart pattern, which occurs when the 50-day moving average crosses below the 200-day moving average. It may signal moving from a…
Will The “Death Cross” be the Death Knell for the Market?
Technical analysts have long followed the so-called “Death Cross” as a leading indicator to predict a future market decline. The Death Cross occurs when the S&P 500’s 200 day moving…