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IPFS News Link • Economy - Economics USA

Golden Cross Goes “Dark”

06-29-2010 • Ritholtz.com

Top flight technician Mary Ann Bartels (BofA/ML) comments on the one-year anniversary of the Golden Cross, and the “Dark Cross” — its evil twin — that is now upon us: She concludes with this rather ominous observation: The current trading range on the S&P 500, which began in 2000, has seen two of these more bearish signals – one in 2000 and the other in 2007.

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