As of 2/12/2022, the following are from Finviz.com.
ETF |
SMA-200 |
SMA-50 |
SMA-20 |
Death Cross? |
SPY |
-0.8% |
-4.2% |
-1.7% |
Yes (Step #4) |
RSP |
-0.5% |
-1.9% |
0.4% |
Yes (Step #4) |
Both ETFs indicate the market is a confirmed plunge from my indications using a technique similar to Death Cross. However, they are quite close, and we should keep an eye on these numbers. If it is a false alarm, golden cross would indicate it and you should return to equity; it could be quite common in volatile markets. The futures indicate Monday (2/14/22) the market would plunge further.
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