Market Notes｜$LSK ｜Daily MACD｜Bullish crossover below the zero line
Definition: DIF (also called the MACD line) = 12-period EMA − 26-period EMA; DEA (also called the signal line) is calculated by applying a 9-period EMA to the DIF.
How to read it: A bearish crossover above the zero line is often interpreted as weakening upward momentum; it does not necessarily mean the trend is over. A bearish crossover below the zero line is more often seen as a continuation of weakness.
The same reading can mean very different things in different market conditions, so don’t blindly apply rules of thumb.
#LSK
Markets change quickly, so don’t rush to conclusions.
Definition: DIF (also called the MACD line) = 12-period EMA − 26-period EMA; DEA (also called the signal line) is calculated by applying a 9-period EMA to the DIF.
How to read it: A bearish crossover above the zero line is often interpreted as weakening upward momentum; it does not necessarily mean the trend is over. A bearish crossover below the zero line is more often seen as a continuation of weakness.
The same reading can mean very different things in different market conditions, so don’t blindly apply rules of thumb.
#LSK
Markets change quickly, so don’t rush to conclusions.