Can we avoid the 34th S&P 500 Death Cross?

• The 34^th occurrence (since 1950)  of the 50-day moving average of the S&P 500 crossing its 200-day moving average to the downside is imminent.
•  Only a 7.9% upturn in the S&P 500 can avoid the “Death Cross”

In our article The S&P 500 Death Cross – Time To Panic? we analyzed the markets after a “Death Cross”, that is when the 50-day moving average of the S&P 500 crosses its 200-day moving average. We now face the possible 34^th “Death Cross” within the next few weeks.

To avoid such a cross the S&P 500 needs an immediate upturn of 7.9%, a gain of 207.44 points from Friday’s (11/23/2018) 2632.56 close. See figure below.

(click to enlarge)