S and P 500 Death Cross

[Maverickz]

There is still some decent support around 1900 and again around 1850, so probably a couple more downward bounces before it will go into free fall...assuming it does at all.

 

[Loooppy99]

What is the blue line...I did not see it defined on the chart.

The blue line is the halftrend indi' set at 6.

 

[Loooppy99]

Why this death cross? There are many others.

If you zoom in you will see the last time these two line crossed was back in March 2010. If this plays out, you can set your sights for 1300.

 

[clacy]

Hope it does. I would love to average back in with a leveraged position if we lose 30%+

 

[DallasCowboysFan]

The blue line is the halftrend indi' set at 6.

Halftrend Indi ?

 

[Loooppy99]

Halftrend Indi ?

On MT4. I can give it if you want it.

 

[Sergio77]

Because it was profiled in the news yesterday.
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the S&P 500's 50-week moving average is falling below its 100-week moving average.

This "statistically significant" death cross has only happened twice in the past two decades, Laidi points out. The first took place in 2001 and was followed by a 37 percent decline in the index, while the second pattern occurred in 2008 and preceded a 48 percent drop.

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So if it only happened twice in 20 years..and the massive drops that occurred in 2001 and 2008 followed it; that gets people's attention.



http://www.fool.com/investing/gener...actors-will-drive.aspx?source=iedfolrf0000001

Twice is curve-fitting. You can always find some cross to fit any two tops. Website name says it all

 

[Chuck Krug]

Longerterm traders/ managers look at the 200 day M.A.

 

[bashatrader]

Longerterm traders/ managers look at the 200 day M.A.

They mostly do, true. I have never heard of 50wk crossing 100wk as a signal for fund managers.

 

[Loooppy99]

If you zoom in you will see the last time these two line crossed was back in March 2010. If this plays out, you can set your sights for 1300.

Looks promising.