Thursday, September 22, 2011

Dow Death Crosses

Live Cattle
Coffee
Gas
Haliburton

Death Cross is when the 50 day moving average (gold line) crosses below the 200 day (blue.)
It indicates a significant drop can be expected.
The correction that has been underway since  summer goes deeper and involves all sectors including gold and silver.
7,500 - 8,000 on the Dow.



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