THE GOLDEN CROSS : Not yet

A golden cross occurs when the 50-day moving average crosses above the 200-day moving average. And while this analysis is typically applied to the Standard & Poor’s 500 or, to a lesser degree, the Dow Jones Industrial Average, it is finding a home with other indexes and even other asset classes.

THE analysis of the S&P 500 shows that there have been no golden or black cross failures since 1998 when the market was rocked by the Asian currency crisis.

There has also been no golden cross signal in today’s market .