atans1

Wall St: Death Cross coming?

In Uncategorized on 05/05/2018 at 4:58 am

On Friday afternoon, the S&P 500 was up 1.5%  at 2,668 but overall it was slightly down on the week. The Dow Jones Industrial Average was up 1.6% All’s well it seems.

But on Thurs in NY the S&P 500 and the DJI were each down 1.3% at 2,602.92 and 23,605.75, for a time (S&P closed o.2% down while DJ flat )respectively. They were trading below their 200-day moving averages for the first time since early April.

Trading was also volatile on Friday, with both indices off initially before reversing.

Look up waz a Death Cross.

 

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