The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label 200dma. Show all posts
Showing posts with label 200dma. Show all posts

Saturday, August 15, 2015

Dow hits first true Death Cross since 2011

There are two technical terms for when the 50 day moving average (50DMA) and 200 DMA cross paths.  When the 50 day indicator is rising, and crosses over the 200 DMA it is known as a Golden Cross, and is considered a very bullish indicator.  But when the 50 DMA has a downward path, and crosses below the 200 DMA it is known as a Death Cross and represents a bearish indicator for any given market, industry, stock, or asset.
With the Dow falling more than 200 points on the NYSE on Aug. 11, the indicie has now experienced a Death Cross, and one that has not been fully seen since 2011 when the stock market recovery began thanks to the Federal Reserve’s Quantitative Easing.

Read more on this article here...