Recent "Death Cross" Formations

 | Jun 15, 2012 10:15AM ET

There have been a few recent bearish "Death Cross" moving average formations on the Daily timeframe, as shown on the chartgrid below. They are:
  • GS
  • EEM
  • CAT
  • EUFN
  • MS
A "Death Cross" will form imminently on:
  • BID
  • GXC
  • C
On negative watch are:
  • JNK
  • BAC
  • XLF
  • JPM
As such, they are subject to potential volatile intraday swings, and are ones to watch over the next days/weeks.