The market-watching mini-drama begins: On the daily chart for $ON , DIF and DEA have just crossed (a death cross above the zero line).
DIF: I'm tired. I'm going to take a breather.
DEA: Whenever you take a break, the candlesticks tend to weaken for a while too.
Me: You two take your time. I'll check whether trading volume is cooperating.
Jokes aside, a death cross at a high level is a warning sign for a correction.
DIF: I'm tired. I'm going to take a breather.
DEA: Whenever you take a break, the candlesticks tend to weaken for a while too.
Me: You two take your time. I'll check whether trading volume is cooperating.
Jokes aside, a death cross at a high level is a warning sign for a correction.
