What’s the Deal with the Death Cross? + Yellen and


Have markets lost the faith in central banks? We start with recent market action before continuing to the scary sounding “death cross” that spooks markets as well. We finally finish with a preview of the upcoming events.

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  1. Losing the faith: Central bankers used to have a bigger influence on markets but the recent BOJ experience and Yellen’s words seem to fade. We try to make sense of it all.
  2. Death Cross: This is not about the Spanish Inquisition but about a technical analysis. We explain this and ponder about its significance for the S&P.
  3. Preview. The Fed continues with us for another week with the meeting minutes, but also China is back from the holiday. There are plenty of events.

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About Author

Yohay Elam – Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I’ve accumulated. After taking a short course about forex. Like many forex traders, I’ve earned the significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I’ve worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.

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