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hardnox
Advisor

death cross in Dow

confirming today but largely unnoticed with the divergences I've noted- NAZ and RUT a long way from it.

 

Also, I see the disinterest as evidence of the extraordinary complacency of this market. 

 

Dow is a bit of a relic, though, and the NAZ is prone to stupidity so I've chosen to watch the SP500 which sort of falls between. It is close to a cross but needs a few days trade under 2700 to pull the averages across.

 

If accomplished that ought to yield a fairly quick couple hundred to the downside.

2 Replies
hardnox
Advisor

somebody bring a mop and bucket

it puked.

AllenJwi
Senior Contributor

Re: somebody bring a mop and bucket

What is wrong with you ? Where you dropped on your head when you were little?