💥What is coming is beautiful
🚨ATTENTION🚨
🩸The DEATH CROSS has occurred in ALL U.S. INDICES
💀This signal HISTORICALLY has proven to be NEGATIVE for stocks, let's see what happened on those occasions
-First of all, what is the death cross⁉️
🔻The death cross is when the SIMPLE MOVING AVERAGE of 50 periods crosses below the moving average of 200 periods
🔻It is considered a BEARISH signal by investors
What happened the last time the indices saw this⁉️
▪️The last time the SP500 had a death cross, the index fell 23.8% in 198 days
▪️The last time the NASDAQ had a death cross, the index fell 29.8% in 244 days
▪️The last time the NASDAQ had a death cross, the index fell 18.7% in 190 days
Will history repeat itself and will the AMERICAN INDICES continue their FALL⁉️
#ETH #NASDAQ #SP500 #IndiceMiedoYAvaricia #TrendingTopic $ETH