With all this talk of an upcoming recession (in alternative news) one cannot help but imagine based on the current charts that the party is now over for those in the traditional markets. I chose the Dow Jones Industrial Average for the above image but it truth they all look pretty similar.
Could we be at the peak of a dead cat bounce?
Or is this just a little pause on the way up to the next ATH?
The Death Cross
Looking at the SPX we can see how the 50-day moving average crossed below the 200-day moving average in December. This is known as a death cross and indicates the potential for a major selloff.
The death cross indicator has proven itself reliable in the past by predicting all of the most severe bear markets: 1929, 1938, 1974, 2008.
Investors who got out at the start of these bear markets avoided large losses which were as high as 90% in the 1930s. A percentage us crypto hodlers are rather more familiar with.
Follow those who follow
I don't claim to be any kind of expert when it comes to reading these charts. Instead I follow a few people who spend much more time than myself looking at them.
I enjoy following the charts of 
https://whaleshares.io/@silvergoldcrypto
Here is one of his on the potential fate of the Dow Jones Industrial Average.
In the end of course no one really knows what is going to happen because let's face it, this market is just as manipulated as any other, but to be aware of the indicators certainly gives us a heads up when there is potential trouble on the horizon.
Who is 
?
?He was a London based filmmaker until he sold everything and set out on a barefoot journey around the world, currently based in the south of France.
He is travelling with his partner & two children and with no bank account he has been living on STEEM & crypto for over a year.
All content created for this account is 100% original (unless otherwise stated), produced by who invites you to use & share freely as you wish.
Sam is the creator of:
The Aspiring Steemit Whales & Dolphins group on Facebook which seeks to help newcomers make the transition from Facebook to Steemit, providing them with detailed notes and personal assistance with their posts... resteeming them when he can.
Here is a list of Steemit Witness I have voted for & recommend you do the same:
Without them our beloved Steemship would not fly.
All non original photo sources can be found by clicking on the image