DOW and S&P500 Charts

Ominous market signs are appearing as the 50 day moving averages (blue lines) slice through the 200 day moving averages (red lines) - both circled in red. This is an important long-term trading signal for institutional traders. When the 50 day MA crosses below the 200 day MA, it is called a "death cross."

Though the Full Stochastic Oscillator (Full STO) currently illustrates severely oversold conditions (making a short-term bounce quite likely) the long term trend has been set by the 50/200 death cross and markets will most certainly trend lower in the coming weeks / months!


DOW - Click image to enlarge




S&P 500 - Click image to enlarge



Note: A market warning was provided over a month ago: DOW implosion imminent

Regards