$MET The daily MACD has formed a golden cross below the zero line.
Folks, what exactly is MACD measuring? Here’s the short version:
The length of the bars reflects the gap between DIF and DEA. If each bar gets longer, it means the current momentum is strengthening; if they get shorter, it means momentum is fading.
A golden cross above the zero line is often seen as a sign that a pullback within an uptrend may be ending, while one below the zero line is more often viewed as a sign of a rebound.
The point of understanding this indicator is to avoid being misled by the numbers—not to use it to predict price movements precisely.
You’re responsible for your own risk. Just sharing thoughts.
Folks, what exactly is MACD measuring? Here’s the short version:
The length of the bars reflects the gap between DIF and DEA. If each bar gets longer, it means the current momentum is strengthening; if they get shorter, it means momentum is fading.
A golden cross above the zero line is often seen as a sign that a pullback within an uptrend may be ending, while one below the zero line is more often viewed as a sign of a rebound.
The point of understanding this indicator is to avoid being misled by the numbers—not to use it to predict price movements precisely.
You’re responsible for your own risk. Just sharing thoughts.
