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The Dow industrials are on the verge of a 'golden cross,' even as BlackRock predicts recession like no other

Por: MarketWatch Politics December 09, 2022

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A golden cross occurs when the 50-day moving average for an asset price trades above the 200-day MA, while a death cross, comparatively, is when the 50-day falls below the long-term average. The 50-day moving average for the Dow stands at 32,200.32, at last check Friday afternoon, while the 200-day sits at 32,460.71, a roughly 260-point difference that could be traversed in the coming week or two, based on its current trajectory. FactSet A... + full article



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