Some market indicators really don’t need much explanation to understand their logical deductions. One example is the dreaded death cross, a pattern that department store icon Macy’s (NYSE:M) is about to print. Ordinarily, such a glaring warning sign should convince investors to run. To be sure, the retailer is problematic. Still, options traders seem to be taking the contrarian route with Macy’s stock.Before we dive into the juicy details, let’s set the framework. The death cross simply describes the condit ...