S and P 500 Death Cross

There is still some decent support around 1900 and again around 1850, so probably a couple more downward bounces before it will go into free fall...assuming it does at all.

 

The blue line is the halftrend indi' set at 6.

 

If you zoom in you will see the last time these two line crossed was back in March 2010. If this plays out, you can set your sights for 1300.

 

Hope it does. I would love to average back in with a leveraged position if we lose 30%+

 

Halftrend Indi ?

 

On MT4. I can give it if you want it.

 

Twice is curve-fitting. You can always find some cross to fit any two tops. Website name says it all

 

Longerterm traders/ managers look at the 200 day M.A.

 

They mostly do, true. I have never heard of 50wk crossing 100wk as a signal for fund managers.

 

Looks promising.