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Dow "Death Cross"-es For First Time In 4 Years

Just as we warned yesterday, unless the Dow can miraculously rally over 17,850, The Dow will close in a Death Cross pattern. This is the first time that the 50-day moving average crosses below the 200-day moving average since August 2011 (which was followed by a 1300 point swing from high to low in The Dow)...

 

For the first time since Aug 2011, The Dow Death Cross'd...

 

And this is what happened last time...

 

After a reflexive bounce, The Dow dumped 1300 points in 4 weeks.