by Graham Summers
Smart investors have noted that the S&P 500 just staged a very dangerous looking move.
That move was when S&P 500’s 50-week moving average broke below its 100-week moving average. You can see this in the green circle below.
[…] This move is called a “Death Cross” and for good reason. The last time it happened was in 2008, right before the entire market CRASHED.