【Technical Analysis Update】On the $IDOL 4-hour chart, MACD has just formed a death cross
· Crossover position: above the zero line
· Before the crossover: bullish bars persisted for 14 bars
· Assessment: upward momentum is weakening; watch for a pullback
· Crossover position: above the zero line
· Before the crossover: bullish bars persisted for 14 bars
· Assessment: upward momentum is weakening; watch for a pullback
