September | 2015 | iMarketSignals

At the end of August 2015 the 50-day moving average of the S&P500 crossed its 200-day moving average to the downside – the 33rd occurrence of a “Death Cross” since 1950.
The performance of the S&P500 was investigated for periods ranging from one year before to two years after a Death Cross.
During the last 65 years there were ten recessions. A Death Cross preceded six recessions and occurred early in four recessions.
After a Death Cross the probability of S&P500 being lower than for any other point in time increases for periods from one- to eighteen months.