97 Years of Death Crosses (opens in new tab)

The SPX is going to experience a Death Cross today at the close. I’ve written many times in the past about “Death Crosses”. A Death Cross is when the 50ma crosses below the 200ma. It is confirmation of a downtrend. Some people view it as a bearish signal. As you’ll see, it is not a great “signal”. My Norgate data goes back to 1928 for SPX (this includes its predecessor, the S&P 90, from 1928 – 1957 when the S&P 500 officially began). This made for an interesting starting point, because the 1s...