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.
Kommentera:
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!
Kommentera:
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!
Kommentera:
New Death Cross date is 12/6/18 as of now!
