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Dow closed down -913 at 19,173 - Death Cross showed up today

 
Bayou Ice  (OP)

User ID: 78247744
United States
03/20/2020 04:04 PM

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Re: Dow closed down -913 at 19,173 - Death Cross showed up today
19,173.43 -913.76 -4.55%
16:03:44 - Closed. Currency in USD
There is but 2 trees 1 people 1 faith 1 Hope
Blessings to those with hope in that not seen
Anonymous Coward
User ID: 77539625
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03/20/2020 04:05 PM
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Re: Dow closed down -913 at 19,173 - Death Cross showed up today
markets are in correction

it was over valued anyway, in reality about 10,000 on DIJA is reality level
Bayou Ice  (OP)

User ID: 78247744
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03/20/2020 04:08 PM

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Re: Dow closed down -913 at 19,173 - Death Cross showed up today
A bearish ‘death cross’ has appeared in the Dow’s chart

[link to www.marketwatch.com (secure)]

dead
 Quoting: G3


[link to www.investopedia.com (secure)]

What is a Death Cross?
The death cross is a technical chart pattern indicating the potential for a major selloff. The death cross appears on a chart when a stock’s short-term moving average crosses below its long-term moving average. Typically, the most common moving averages used in this pattern are the 50-day and 200-day moving averages.


The death cross indicator has proven to be a reliable predictor of some of the most severe bear markets of the past century: 1929, 1938, 1974, and 2008. Investors who got out of the stock market at the start of these bear markets avoided large losses that were as high as 90% in the 1930s. Because a death cross is a long-term indicator, as opposed to many short-term chart patterns such as the doji, it carries more weight for investors concerned about locking in gains before a new bear market gets underway. An increase in volume typically accompanies the appearance of the death cross.

Last Edited by Bayou Ice on 03/20/2020 04:09 PM
There is but 2 trees 1 people 1 faith 1 Hope
Blessings to those with hope in that not seen
Bayou Ice  (OP)

User ID: 78247744
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03/20/2020 04:19 PM

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Re: Dow closed down -913 at 19,173 - Death Cross showed up today
lots of right now facts - long



Last Edited by Bayou Ice on 03/20/2020 04:20 PM
There is but 2 trees 1 people 1 faith 1 Hope
Blessings to those with hope in that not seen
Bayou Ice  (OP)

User ID: 78247744
United States
03/20/2020 04:29 PM

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Re: Dow closed down -913 at 19,173 - Death Cross showed up today
don't watch this one until Monday - you need a good weekend

rough


There is but 2 trees 1 people 1 faith 1 Hope
Blessings to those with hope in that not seen





GLP