tomek.125
08.12.18, 01:35
www.google.com/search?q=A+death+cross+for+the+S%26P+500
A pattern, called the 'death cross,' appeared on the chart on Friday as stocks plunged. The S&P 500's average price of the last 50 days, dropped below the 200-day moving average, a sign of negative momentum and possible change in trend, according to technical analysts.
… when you stay down longer, all of a sudden it's showing real selling. That's why people don't like the death cross. It's almost confirming what could be a change in trend to the downside."
