$UNI The daily chart shows a MACD death cross below the zero line.
When interpreting MACD crosses, the position matters more than whether it’s a golden cross or a death cross. A death cross below the zero line usually means the rebound is over and weakness will continue. Don’t rush to bottom-fish against the trend in this situation.
Indicators naturally lag behind, so don’t expect them to catch the exact highs and lows.
When interpreting MACD crosses, the position matters more than whether it’s a golden cross or a death cross. A death cross below the zero line usually means the rebound is over and weakness will continue. Don’t rush to bottom-fish against the trend in this situation.
Indicators naturally lag behind, so don’t expect them to catch the exact highs and lows.