The Infamous Death Cross Rears Its Ugly Head

Ironically, the stock market indicators I use have just turned bullish again. If tomorrow's stocks take out today's highs, the new bull market will be confirmed. The death cross, however, consists of the crossing of the 50-day (light blue on this chart) and 200-day (pink on this chart) simple moving averages. It is almost certain to occur unless the stock market moves about 800 points higher tomorrow. It's going to be interesting!