Last week we looked at a move called the death cross. Basically it tells us that the market is about to go down badly, yet we have experienced an upward rally over the last couple of market days.
Does that mean the death cross is no longer around? Not so fast…
Adam has released an update to his video, Did the “Death Cross” die, or is it still live in the S&P 500? In the video, he addresses what the market has done over that last couple of days and what that means, if anything, for the long-term outlook.
Watch the video – Did the “Death Cross” die, or is it still live in the S&P 500?
Also make sure to try out a free two week trial of MarketClub.
More on this topic
(What's this?)
Economist Gary Shilling: S&P 500 will drop 43% this year?
(Value Investing, 4/11/12)
Sell in May and Go Away? No Way!
(Wall Street Daily, 5/10/12)
Is This Bull Market Over?
(Investment U, 4/16/12)