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second cycle during that recovery year we actually had two golden crosses right two golden crosses before the bull run to new highs and in the third cycle so the third recovery year you can actually see we had three golden crosses before we actually had a move to New all-time highs so yes it's always nice to see a golden cross and it's certainly at least a progression from from sort of the down only year that we had in 2022 but just to keep our expectations in check history generally does show us that we will likely see multiple of these golden crosses and death crosses on The Daily time frame you know probably for the next 12 to 18 months or so before we actually get into a rally that is is is likely to take us new all-time highs so just something to consider and then of course there's the the elephant in the room is is we've had a weekly death cross for the first time so this is the first time the 50-week SMA has crossed below the 200 week estimate and frankly we no one really knows exactly what it means because well it's never really happened before so we can speculate of course uh if you take a look at the S P 500 it's usually not the best sign in the world but forever every you know

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