The Dow Jones is on track to have its first Death Cross since August of 2015. This is bad news due to the fact that there is little good economic news to jump it up in price significantly enough to change it. December 14, 2018 is the current Trajectory... Dead Cats all along the way!
We have officially seen the Death Cross in the Crude Oil market; and a confirmation of it with the established "New Low" below the 200 MA. Dead cats all along the way!
SPX DEATH CROSS has been updated to 12/6/18 due to heavier than expected selling; bringing down the 50 SMA faster than the original tragectory indicated!
The FED has to start printing by Dec 3rd 2018 or they will let the country go into deflation....which one? I think not, but we'll see!
Death Cross happened already and there are short signals everywhere! Random walk down with dead cats all along the way!
All by trading the 200 Day Moving Average. Thats it!
This Semiconductor Short ETF just had a Golden Cross! Long Opportunity? This also tells you where the tech stocks are likely to go!
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...
Trajectory currently says December 7th...This is the one that will bring down the broader market if it crosses.
The current tradjectory for the 200 and 50 MA's says that there will be a Death Cross by 12/4/18. Will it happen...I say yes. The Russell is already in Death Cross mode. Like I said last week, the next to fall will be major indexes!
Shes purty isn't she! Currently sitting right on the 200 MA!
Could be attempting to end the triangle here in the next week...
Major indexes are next!
The recent action is usually tell tale of an accumulation zone being established. Very Low volume could also make an easy short profit. Watch the volume!
Cant get any easier to short this market than this....
Couldn't get any easier...lol