A jokey take: $WLD ’s daily MACD has formed a death cross.
Me when I was new to the market: “A death cross means it’s time to get out!” So I sold—and just a few days later, it formed a golden cross, so I bought back in… These days, when I see a death cross, the first thing I check is where it is: above the zero line. Good, a reminder that a pullback may be underway.
Remember to drink some water after reading. The candlesticks aren’t going anywhere.
#WLD
Personal thoughts only; not investment advice.
Me when I was new to the market: “A death cross means it’s time to get out!” So I sold—and just a few days later, it formed a golden cross, so I bought back in… These days, when I see a death cross, the first thing I check is where it is: above the zero line. Good, a reminder that a pullback may be underway.
Remember to drink some water after reading. The candlesticks aren’t going anywhere.
#WLD
Personal thoughts only; not investment advice.