Happy_Trails
TSP Pro
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Ok, this thread is about Golden Cross but seems you guys are talking about the Death Cross. What's the deal?
The death cross occurs when the 50 day moving average crosses below the 200. There are many studies about it out there but the consensus seems to be that it is not very reliable. Price moving above or below the 200 day average is a more consistent indicator. Jason also indicated that the 500 day SMA is a good indicator as well.