The crossing of the 50-day moving average below the 200-day moving average has been long used a signal of trend change and…is known as the "death cross" and such death crosses are popping up in a large number of assets including, gold, silver, copper, bitcoin, China's stocks, Germany's DAX, Emerging Market stocks, bonds, and FX and, perhaps most ominously, the Global Most Systemically Import Banks (G-SIBs).
2. Infamous Death Cross Only Makes For Good Financial Pornography! Here's Why