MARKET SNAPSHOT: Dow Posts 212-point Drop As China Roils Global Markets
Date : 08/11/2015 @ 5:22PM
Source : Dow Jones News
http://ih.advfn.com/p.php?pid=nmona&article=68133996
Take a look at the MA's listed on the left of the chart:
Date : 08/11/2015 @ 5:22PM
Source : Dow Jones News
http://ih.advfn.com/p.php?pid=nmona&article=68133996
Stocks closed sharply lower Tuesday as the Dow fell more than 200 points in the wake of a surprise devaluation of the yuan by China--the world's second-largest economy...
... Tuesday's descent in the Dow pushed it into what technical analysts consider bearish territory, when the 50-day moving average dips below the 200-day moving average, a so-called "death cross" - http://www.marketwatch.com/story/dow-death-cross-is-a-bearish-omen-for-the-stock-market-2015-08-11 - which the index hasn't seen since late 2011.
Take a look at the MA's listed on the left of the chart:
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