'Death cross' portends more near-term losses for U.S. stocks, then rebound

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The S&P 500 formed its first 'death cross' pattern since 2016 - indicating more losses for U.S. stocks in the near term

 

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The stock market's death cross is particularly bad news this time around, Bank of America saysA death cross forming in the S&P 500 is never a welcome development. But the current death cross is notably negative, the bank says. Helloooooo depreciation of the US dollar 🙃
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A looming death cross for the S&P 500 highlights a stock market in tattersThe S&P 500 index is set to be the latest to form one of the more dreaded chart patterns on Wall Street. Winning. GOPTaxScam Only Digital Assets and Blockchain can save us now. XRP Can I get a yikes
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