Posted by & filed under Financial analysis, Growth & Valuation, Market Analysis, Personal Finance.

Description: With the S&P 500 SPX, -1.65% poised to produce a bearish “death cross” chart pattern on Friday, more than half of the index’s components are already there. A death cross is when the 50-day moving average (DMA) crosses below the 200-DMA, with many chart watchers viewing that occurrence as marking the spot a shorter-term pullback transitions to a longer-term downtrend.

Source: MarketWatch.com

Date: Dec 06, 2018

Link: https://www.marketwatch.com/story/more-than-half-of-the-sp-500-components-have-produced-death-crosses-2018-12-06?mod=bnbh

Questions for discussion:

  • What does article say about the market?
  • How should investors deal with this analysis?

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