Market watch while slacking off at work: On the $BTW 4-hour chart, DIF and DEA have just crossed (a death cross above the zero line).
DIF: I'm tired. I'm going to dip down for a bit.
DEA: Every time you dip, the candlesticks tend to weaken for a while too.
Me: You two, stop arguing. I'll see what volume has to say first.
Jokes aside, a death cross at a high level is a warning to watch for a pullback.
DIF: I'm tired. I'm going to dip down for a bit.
DEA: Every time you dip, the candlesticks tend to weaken for a while too.
Me: You two, stop arguing. I'll see what volume has to say first.
Jokes aside, a death cross at a high level is a warning to watch for a pullback.