From a market positioning perspective:
$WLD 4-hour MACD forms a death cross below the zero line. Indicators are derived from price, but to see where real money is flowing, you need to look at trading volume.
If the death cross is accompanied by a surge in volume, it suggests that capital is actively exiting. A death cross on declining volume usually means buyers are hesitant, so its impact is relatively limited.
What confirmation would you need before taking action?
$WLD 4-hour MACD forms a death cross below the zero line. Indicators are derived from price, but to see where real money is flowing, you need to look at trading volume.
If the death cross is accompanied by a surge in volume, it suggests that capital is actively exiting. A death cross on declining volume usually means buyers are hesitant, so its impact is relatively limited.
What confirmation would you need before taking action?