Dow sees first bearish ‘death cross’ since March 2022. Here is what typically happens next.

The Dow Jones Industrial Average notched its first “death cross” since March 2022 on Monday, in what some have described as the latest ominous development for stocks as the market looks to extend its November rebound rally.

This time around, two straight sessions in the green weren’t enough to keep the Dow out of death-cross territory, as the market’s recent three-month losing streak weighed on the blue-chip index’s 50-day moving average, while gains from earlier this year helped boost the 200-day moving average.

The…