- Joined
- Sep 7, 2013
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A simple technical indicator - when the 50 day moving average drops below the 200 day moving average it's known as a "Death Cross." Despite the ominous name it simply means that the market is probably beginning a long term down trend, not that the word is coming to an end. It shook off the last two Death Crosses, but with everything going on right now will have a hard time shaking off this one.
http://www.bloomberg.com/news/artic...s-in-dow-industrials-down-5-since-record-high
http://www.bloomberg.com/news/artic...s-in-dow-industrials-down-5-since-record-high