Schaeffer's on CNBC: The Must-Watch S&P Moving Average This Week

Plus, what to make of the recent batch of death crosses

Nov 21, 2018 at 9:38 AM
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Schaeffer's own Andrea Kramer stopped by CNBC's Squawk Box this morning, where the discussion was focused on the recent stock market sell-off. Andrea called out the key S&P 500 Index (SPX) moving average to watch this week, and explained why a close south of this trendline could mean heightened risk for bulls. She also weighed in on the round of "death crosses" on the Street, and explained why traders shouldn't put too much stock in this ominous-sounding technical indicator.

To watch the full segment, click on the video player below. And to stay up to date with all of our latest market insights as they break, make sure you're on the list for free email delivery of our weekly Monday Morning Outlook column.

 

Dow, S&P at 3-week lows from CNBC.

 

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