DEATH CROSS COMING TO A MARKET NEAR YOU!
Updated
As you can see, from the chart that the current trajectory of the 50 and 200 day SMA's are indicating that by mid December we will have us a Death Cross in the Broadest market measure...the S & P 500.
This could however happen sooner or later than 12/12/18. This is given that the SMA's stay on their current trajectory through 12/12/18.
A larger than expected fall from here could make that Cross happen much sooner, and a rise from here would push it out until mid January or February.
Its going to happen either way.
This could however happen sooner or later than 12/12/18. This is given that the SMA's stay on their current trajectory through 12/12/18.
A larger than expected fall from here could make that Cross happen much sooner, and a rise from here would push it out until mid January or February.
Its going to happen either way.
Note
Today's action has moved the trajectory of the pending Death Cross on the SPX up by 3 Days! Now we are looking at 12/9/18....I'll post a chart on this a little later!Note
Posted a chart earlier today on the SPY that is indicating 12/4/18 Death Cross. We now have a range of time from 12/4 to 12/12 to watch for this Death Cross and prepare. Sell what you have in anticipation. Gearing up for shorting season!Note
New Death Cross date is 12/6/18 as of now!
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