Earlier this morning on Chart Talk, Dan Deming suggested the market may be looking at a death-cross where the 50 day moving averages cross below the 200 day moving averages. Often times when we see this, the market is lower 6 months after this kind of activity takes place. The S&P500, the Dow, and the Nasdaq could all be looking at a death-cross sometime in the near future.

Dan Deming on Chart Talk