{"id":10981,"date":"2015-08-13T07:00:49","date_gmt":"2015-08-13T12:00:49","guid":{"rendered":"http:\/\/olduvai.ca\/?p=10981"},"modified":"2015-08-13T07:00:49","modified_gmt":"2015-08-13T12:00:49","slug":"a-death-cross-wild-market-swings-and-a-currency-war-and-we-havent-even-gotten-to-september-yet","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=10981","title":{"rendered":"A Death Cross, Wild Market Swings And A Currency War \u2013 And We Haven\u2019t Even Gotten To September Yet"},"content":{"rendered":"<h3><a href=\"http:\/\/theeconomiccollapseblog.com\/archives\/a-death-cross-wild-market-swings-and-a-currency-war-and-we-havent-even-gotten-to-september-yet\" target=\"_blank\">A Death Cross, Wild Market Swings And A Currency War \u2013 And We Haven\u2019t Even Gotten To September Yet<\/a><\/h3>\n<p><a href=\"http:\/\/theeconomiccollapseblog.com\/?attachment_id=9111\" rel=\"attachment wp-att-9111\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-9111\" src=\"http:\/\/theeconomiccollapseblog.com\/wp-content\/uploads\/2015\/08\/Financial-Despair-Public-Domain-460x339.jpg\" alt=\"Financial Despair - Public Domain\" width=\"460\" height=\"339\" \/><\/a>Things continue to line up in textbook fashion for a major financial crisis\u00a0<a title=\"by the end of 2015\" href=\"http:\/\/theeconomiccollapseblog.com\/archives\/gerald-celente-is-predicting-that-a-stock-market-crash-will-happen-by-the-end-of-2015\">by the end of 2015<\/a>.\u00a0 This week, Wall Street has been buzzing about the first \u201cdeath cross\u201d that we have seen for the Dow since 2011.\u00a0 When the 50-day moving average moves below the 200-day moving average, that is a very important psychological moment for the market.\u00a0 And just like during the run up to the stock market crash of 2008, we are starting to witness lots of wild swings up and down.\u00a0 The Dow was up more than 200 points on Monday, the Dow was down more than 200 points on Tuesday, and it took a nearly 700 point roundtrip on Wednesday.\u00a0 This is exactly the type of behavior that we would expect to see during the weeks or months leading up to a crash.\u00a0 As any good sailor will tell you, when the waters start getting very choppy that is not a good sign.\u00a0 Of course what China is doing is certainly not helping matters.\u00a0 On Wednesday, the Chinese devalued the yuan\u00a0<a title=\"for a second day in a row\" href=\"http:\/\/www.bloomberg.com\/news\/articles\/2015-08-11\/asian-futures-tip-another-down-day-as-yuan-move-rattles-markets\" target=\"_blank\">for a second day in a row<\/a>, and many believe that a new \u201ccurrency war\u201d has now begun.<\/p>\n<p>So what does all of this mean?<\/p>\n<p>Does this mean that the time of financial \u201cshaking\u201d has now arrived?<\/p>\n<p>Let\u2019s start with what is happening to the Dow.\u00a0 When the 50-day moving average crosses over the 200-day moving average, it is a very powerful signal.\u00a0 For example, as\u00a0<a title=\"Business Insider\" href=\"http:\/\/www.businessinsider.com\/this-is-the-death-cross-on-the-dow-that-has-traders-worried-about-a-big-fall-2015-8\" target=\"_blank\">Business Insider<\/a>\u00a0has pointed out, if you would have got into stocks when the 50-day moving average moved above the 200-day moving average in December 2011, you would have experienced a gain of\u00a0<strong>43 percent<\/strong>\u00a0by now\u2026<\/p>\n<blockquote><p>The Dow Jones Industrial Average has been on an unrelenting upward trajectory since its October 2011 low.<\/p><\/blockquote>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Death Cross, Wild Market Swings And A Currency War \u2013 And We Haven\u2019t Even Gotten To September Yet Things continue to line up in textbook fashion for a major financial crisis\u00a0by the end of 2015.\u00a0 This week, Wall Street has been buzzing about the first \u201cdeath cross\u201d that we have seen for the Dow [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[130,6941,1099,188,8059,216,5983,312,4901,860,1031],"class_list":["post-10981","post","type-post","status-publish","format-standard","hentry","category-economics","tag-china","tag-chinese-stock-market","tag-currency-devaluation","tag-currency-war","tag-death-cross","tag-dow","tag-economiccollapseblog","tag-financial-crisis","tag-michael-snyder","tag-wall-street","tag-yuan"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/10981","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10981"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/10981\/revisions"}],"predecessor-version":[{"id":10982,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/10981\/revisions\/10982"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10981"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10981"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10981"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}