Stocks Were Just Staged A Dreaded Death Cross
Smart investors have noted that the S&P500 just staged a very dangerous looking move.
That move was when S&P 500’s 50-week moving average broke below its 100-week moving average. You can see this in the green circle below.
This move is called a “Death Cross” and for good reason. The last time it happened was in 2008, right before the entire market CRASHED.
The time before that was right before the Tech Bubble burst, crashing stocks.
In short, going back over 16 years, this Death Cross formation has only hit TWICE before. Both times were when major bubbles burst and stocks Crashed.
On that note, we are already preparing our clients for this with a 21-page investment report titled Stock Market Crash Survival Guide.
In it, we outline precisely how the crash will unfold as well as which investments will perform best during a stock market crash.
We are giving away just 1,000 copies for FREE to the public.
To pick up yours, swing by:
https://www.phoenixcapitalmarketing.com/stockmarketcrash.html
Best Regards
Graham Summers
Chief Market Strategist
Phoenix Capital Research