context is everything. the death crosses that actually followed through occurred after bubble pops, in april 2014 and april 2018. these aren't representative of our current market position.
the failed death cross in september 2015 seems like a much more accurate comparison---the first pullback after a reversal/trend change.
I'd like to believe that, but this death cross came at the end of the bull market (and relative highs), not the end (or lows) of the bear market (like in 2015).
But obviously this is subjective to the time frame you are looking at, etc, etc.
yes, time frame is crucial to this assessment. pull up a monthly chart---we need some perspective.
there is no comparison between 2013, 2017, and......now. the death crosses from april 2014 and april 2018 came after multi-year bull markets that ended with exponential gains and parabolic bubbles. the current situation is very different. june-october = the first pullback of this bull market on the monthly time frame. you think it's the end?!
this correction (and where we are in the market cycle) looks much more like fall 2012 or early 2016---in the early stages a multi-year bull market. in that sense, the late 2015 failed death cross is a much better comparison IMO.