The Kiss of Death Technical Analysis Chart Pattern is one of the most bearish signals in the Stock Market. Nearly every historical stock market crash and major bear market was preceded by a confirmed Kiss of Death chart pattern.
The Kiss of Death can be confirmed if the following occur:
- A new all time high is formed on the SPX
- There is a monthly close below the 21 month exponential moving average
- A low is formed and the market trades back up above the 21 month ema (the kiss)
- There is a monthly close below the previous low
This pattern has now been confirmed which is a strong bearish signal. Although it's not a gaurantee of a long bear market, it's another piece of evidence to support the theory that prices could grind lower for an extended period.
Kiss of Death pattern confirmed over the SPX - very bearish signal
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