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Home > Battered Biotechs Trigger First "Death Cross" In 4 Years

Battered Biotechs Trigger First "Death Cross" In 4 Years

By Tyler Durden
Created 10/07/2015 - 08:50
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 10/07/2015 08:50 -0500



 

For the first time since Spetember 2011, the Nasdaq Biotech Index has triggered a "death cross" as its 50-day moving average crosses below its 200-day average...

 

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Take your pick...

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Source URL: http://www.zerohedge.com/news/2015-10-07/battered-biotechs-trigger-first-death-cross-4-years

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[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/10969
[3] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/10/20151007_ibvb.jpg
[4] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/10/20151007_ibvb1.jpg