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S&P 500 Suffers 'Death Cross' For First Time In 4 Years

This is the first time that the 50-day moving average crosses below the 200-day moving average since August 2011, creating the ominous-sounding "death cross." The month following this 'event' has produced negative returns 80% of the time...

 

For the first time since 2011...

 

What happened in 2011...

 

2010's cross was a bust, but 2008 was not...

 

 

Charts: Bloomberg