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Home > S&P 500 Suffers 'Death Cross' For First Time In 4 Years

S&P 500 Suffers 'Death Cross' For First Time In 4 Years

By Tyler Durden
Created 08/28/2015 - 08:31
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 08/28/2015 08:31 -0500



 

This is the first time that the 50-day moving average crosses below the 200-day moving average since August 2011, creating the ominous-sounding "death cross." The month following this 'event' has produced negative returns 80% of the time...

 

For the first time since 2011...

[2]

 

What happened in 2011...

[3]

 

2010's cross was a bust, but 2008 was not...

[4]

 

 

Charts: Bloomberg

 

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Source URL: http://www.zerohedge.com/news/2015-08-28/sp-500-suffers-death-cross-first-time-4-years

Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/08-overflow/20150828_death2.jpg
[3] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/08-overflow/20150828_death.jpg
[4] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/08-overflow/20150828_death1.jpg