Big money on the move?
$W -hour MACD death cross above the zero line. Indicators are calculated from prices; to see how real money is moving, you still need to look at trading volume.
If the death cross is accompanied by an increase in volume, it means some investors are actively cashing out. A death cross on shrinking volume mostly indicates hesitant buyers, so the move is likely to be weaker.
Do you buy this signal?
#W
$W -hour MACD death cross above the zero line. Indicators are calculated from prices; to see how real money is moving, you still need to look at trading volume.
If the death cross is accompanied by an increase in volume, it means some investors are actively cashing out. A death cross on shrinking volume mostly indicates hesitant buyers, so the move is likely to be weaker.
Do you buy this signal?
#W