Today's market-watching trivia: On the $LIGHT 4-hour chart, DIF and DEA have crossed paths again (a death cross above the zero line).
DIF: I'm tired. I'm going to take a breather down here.
DEA: Whenever you take a break, prices usually weaken for a while too.
Me: You two take your time chatting. I'm going to see what the trading volume has to say.
Jokes aside, a death cross at a high level is a signal to watch for a pullback.
#LIGHT
DIF: I'm tired. I'm going to take a breather down here.
DEA: Whenever you take a break, prices usually weaken for a while too.
Me: You two take your time chatting. I'm going to see what the trading volume has to say.
Jokes aside, a death cross at a high level is a signal to watch for a pullback.
#LIGHT