A 'Death Cross' Sounds Scary, But Is It?

1 week ago DieselGasoil Comments Off on A 'Death Cross' Sounds Scary, But Is It?

[shortened version by dieselgasoil news]

Over the last few days, there has been some talk about an ominous sounding technical chart pattern that has looked imminent for a while, and if the S&P 500 closes anywhere close to the levels indicated by futures this morning, will be achieved today. This thing is known as a “death cross,” which, admittedly, soundsA 'Death Cross' Sounds Scary, But Is It?