Today I learnt a new term "Death Cross" The all ordinaries index made a death cross today.
The death cross is mostly used with longer term moving averages. It's an especially strong signal when the 50 day moving average crosses below the 200 day moving average.
The last death cross was in 2008 during the GFC.
![Gerry & The Pacemakers - You'll Never Walk Alone [Official Video]](https://i.ytimg.com/vi/OV5_LQArLa0/mqdefault.jpg)
