Last week in the market, we saw a “powerful” technical setup on the Dow called the Death Cross. The death cross is when the 50 SMA moves under the 200 SMA (there are other death crosses as well). This cause a slight panic from investors who hear of these setups and don’t necessarily know what they are. There have been very mixed results historically on the death cross; check the video for more details.
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2 Replies to “Technical Analysis: Death Cross”
Thanks Matt, First death cross i’ve ever seen on a major index since I started trading. Saw it all over the news on finviz and wasn’t sure how to interpret it. Appreciate the video!
Thanks for the video. It’s good to know the importance or just how much to trust these signals.
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