الإثنين, 19 آذار/مارس 2018 10:53

This Stock Market Just Hit a “Death Cross”

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(Frankfurt)

For investors looking for signs of bad things to come, this is a pretty strong one. US investors may need to focus overseas to see what’s coming, as Germany’s benchmark DAX index has just hit a “death cross”, or when the 50-day moving average falls below the 200-day moving average. This has only happened to the DAX four times in the last decade, and in all of the instances the market fell at least a further ten percent after the cross.


FINSUM: So the DAX is partly down because of the country’s exposure to a trade war, but it could be a first manifestation of what is to come for global markets.

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