$US |Daily price above MA200|MA200 0.01724
Before looking at fund flows, first understand moving averages.
The commonly mentioned golden cross and death cross generally refer to the crossover of the daily MA50 and MA200: when the MA50 crosses above the MA200, it’s called a golden cross; when it crosses below, it’s called a death cross. These terms refer to the crossover between the two moving averages, not to the price crossing a moving average.
Many people wait for confirmation: after the price moves above a moving average, it retests and holds above it; after it breaks below, it rebounds but fails to reclaim it.
The same reading can often mean very different things in different market conditions, so don’t mechanically apply a single rule.
#US
For recording and sharing only; not investment advice.
Before looking at fund flows, first understand moving averages.
The commonly mentioned golden cross and death cross generally refer to the crossover of the daily MA50 and MA200: when the MA50 crosses above the MA200, it’s called a golden cross; when it crosses below, it’s called a death cross. These terms refer to the crossover between the two moving averages, not to the price crossing a moving average.
Many people wait for confirmation: after the price moves above a moving average, it retests and holds above it; after it breaks below, it rebounds but fails to reclaim it.
The same reading can often mean very different things in different market conditions, so don’t mechanically apply a single rule.
#US
For recording and sharing only; not investment advice.