jjmatsjr

SPY: Not So Deadly Death Cross

AMEX:SPY   SPDR S&P 500 ETF TRUST
This chart marks previous instances of the 50 MA crossing below the 200 MA. While it sounds negative, it seems a death cross has occurred near the bottom of most significant declines.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.