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'Death crosses' multiplying across Europe

Many investors use moving averages, and more specifically, moving average "crossovers," where one suddenly starts trading above or below the other, to try and gauge which way a market may be headed.

Among technical analysts, one combination has often been seen as a good pointer to prospective long-term trends.

The bullish version is called a "golden cross." That is when the price of a security rises above its short-term average (traditionally, the 50-day moving average), which is also above its long-term average (traditionally, the 200-day moving average).

Continue reading 'Death crosses' multiplying across Europe

Symbol Lookup
IndexesChangePrice
DJIA-74.9212,454.83
NASDAQ-1.852,837.53
S&P 500-2.861,317.82

Last updated: May 26, 2012: 05:02 PM

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