The final death cross is about to take place.
We are closing in on the 50 day moving average crossing the 200 day on the DJIA, which to traders is a bearish sign. The Dow is the last one to experience this, completing the trifecta.
What is also of major concern to investors is the number of stocks already in a bear market.
With such a large percentage of the Dow already there, the likelihood of reversal gets more difficult.
Click on image to read full article.
