…Those who are ignorant of financial history are doomed again to suffer its dreadful and costly consequences…and today's death crosses…[as seen] in 7 major U.S. stock market indices…are stock market sell signals. Words: 303
An article by I.M. Vronsky (Gold-Eagle.com) presented here in a slightly edited & abridged format to provide a faster and easier read. The following charts of the 7 major stock market indices show the 2008 and current death crosses as noted by the yellow arrows  . The former heralded the protracted bear market of 2007-8 when the bubble burst and stocks crashed -50%. 1. S&P500 Index 
http://tinyurl.com/hvu7qlv 2. Dow Jones Index 
http://tinyurl.com/jg7h4y3 3. Russell 2000 Index 
http://tinyurl.com/jlhub9o 4. Wilshire 5000 Index 
http://tinyurl.com/h3xhght 5. Transportation Index 
http://tinyurl.com/je6e7hm 6. NYSE Index 
http://tinyurl.com/zh3zstz 7. NASDAQ Composite Index (As of 05/20/16 Death Cross still not consummated but soon will be.) 
http://tinyurl.com/hyubuoz Stock Market Forecast For Currently Developing Bear Market We make the assumption that US stocks will be hammered down an average of the two previous bear markets (2000-2001 and 2007-2008) subsequent to their death cross sell signals. During those periods, the S&P500 fell about ?44% in the first bear market & approximately ?54% in the second. Therefore, subsequent to the most recent death cross, one might see the S&P500 Index decline to about 1200 by early 2017 which would be a Fibonacci 0.61.8% retracement. BUT THERE'S MORE? During the stock market bear markets of 2000-2002 and 2007-2008, the US dollar steadily rose in value vis-à-vis most other major currencies. Consequently, the price of gold slowing slipped lower. During the two aforementioned bear stock markets, the US$ rose an average of about +18%. Consequently, applying this increase to current conditions projects the US$ Index rising to about 120 in the next several months & perhaps even higher going forward. 
http://tinyurl.com/jo5czp6 To be sure, if history is testament, gold…could (temporarily) move lower reflecting a stronger greenback but, indubitably, this will be the last opportunity for investors to take positions in the shiny yellow at reasonable prices. Disclosure: The original article, by I.M. Vronsky (Gold-Eagle.com), was edited ([ ]) and abridged (?) by the editorial team at  munKNEE.com (Your Key to Making Money!) to provide a fast and easy read.?Follow the munKNEE? on Facebook, on Twitter or via our FREE bi-weekly Market Intelligence Report newsletter (see sample here , sign up in top right hand corner)
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