Over the next five business days through Sept. 6, the Dow Jones Golden Crossover Large-Cap Total Stock Market Index will decrease its equity allocation from 100% to 25%, moving that 75% allocation into the cash equivalent of short-term U.S. Treasury bills.
Dow Jones said that the index’s quantitative and rules-based algorithm senses the start of a downward-trending market condition which it terms a “Dead Cross.” This occurs when the market’s 50-day moving average crosses below its 200-day moving average.
