$JCT The daily chart shows a MACD golden cross above the zero line.
When evaluating a MACD crossover, where it occurs matters more than whether it’s a golden cross or a death cross. A golden cross above the zero line typically appears when a pullback in an uptrend is ending, suggesting the trend is more likely to continue. It’s somewhat more reliable than a golden cross below the zero line.
Don’t make decisions based on a single indicator—consider volume and market structure too.
#JCT
When evaluating a MACD crossover, where it occurs matters more than whether it’s a golden cross or a death cross. A golden cross above the zero line typically appears when a pullback in an uptrend is ending, suggesting the trend is more likely to continue. It’s somewhat more reliable than a golden cross below the zero line.
Don’t make decisions based on a single indicator—consider volume and market structure too.
#JCT
