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Business
Jea Yu

S&P 500 and Nasdaq-100 Flashed Death Crosses—Should You Worry?

Death Cross Golden Cross Recession

The S&P 500 Index, as tracked by SPDR S&P 500 ETF Trust (NYSEARCA: SPY), and the Nasdaq-100 Index, as tracked by the Invesco QQQ (NASDAQ: QQQ), have both triggered a widely-followed bearish chart pattern known as the Death Cross. 

A Death Cross occurs when a 50-day simple moving average (SMA) trendline crosses below the 200-day SMA trendline. 

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