The crisis has already begun.
I have been watching American indices for years.
In simple words
The indices show indicators of the economic state of the country. Because the companies that are included in these indices are the largest taxpayers. And the economic situation of the country depends on how these companies are doing.
And now I will tell you how are things going with these companies?
We use technical analysis.
I want to tell you about the Death Cross.
What is a Death Cross?
The death cross is a chart pattern indicating the potential for a major selloff. The death cross appears on a chart when a stock’s short-term moving average crosses below its long-term moving average. Typically, the most common moving averages used in this pattern are the 50-day and 200-day moving averages.
More information about Death Cross
I made an analysis and understood that in 5957 (79.1%) from 7529 stocks the Death Cross had happened.