$WLD | Daily MACD bearish crossover above the zero line; current price: 0.4901.
MACD crossovers on the daily chart are infrequent and carry considerably more weight than those on the 4-hour chart, as they relate to the direction of the broader swing.
What’s worth watching out for is that the weekly chart is weakening as well, with multiple timeframes turning down in tandem. Treat a crossover on just one timeframe as a reference point.
#WLD
For market-tracking purposes only. Please make your own trading decisions.
MACD crossovers on the daily chart are infrequent and carry considerably more weight than those on the 4-hour chart, as they relate to the direction of the broader swing.
What’s worth watching out for is that the weekly chart is weakening as well, with multiple timeframes turning down in tandem. Treat a crossover on just one timeframe as a reference point.
#WLD
For market-tracking purposes only. Please make your own trading decisions.