If you’ve read any kind of stock market news lately, then no doubt you have heard traders talking about something called a “Death Cross” (or some call it a “Black Cross”).

What is it?

It’s when the 50 period moving average crosses below the 200 period moving average in the S&P 500. It just happened recently. This moving average crossover supposedly spells doom for the stock market. Here is a chart:

Death Cross on the S&P 500

Should we be concerned?