🚨ATTENTION🚨
🩸The DEATH CROSS has occurred in ALL U.S. INDICES
💀 This signal has HISTORICALLY proven to be NEGATIVE for the market, let's see what happened on those occasions…
- First of all, what is the death cross?
🔻The death cross refers to when the 50-period SIMPLE MOVING AVERAGE crosses below the 200-period moving average
🔻It is considered a super 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 by 23.8% in 198 days
▪️The last time the NASDAQ had a death cross, the index fell by 29.8% in 244 days
▪️The last time the NASDAQ had a death cross, the index fell by 18.7% in 190 days
Will history repeat itself and will the AMERICAN INDICES continue their DECLINE?
Get your portfolio ready, the best discounts may be coming to add BTC positions if you are holding, we will see how the crypto market performs in the coming days.