🐳 $IDOL daily death cross. A couple of thoughts from a position-holder’s perspective:
Medium-term traders generally pay more attention to daily-chart crossovers, which may trigger selling as they gradually reduce their positions. To tell whether big money is moving, you’ll also need to see whether large orders are increasing at the same time.
What will you do if the market moves the other way from here?
Medium-term traders generally pay more attention to daily-chart crossovers, which may trigger selling as they gradually reduce their positions. To tell whether big money is moving, you’ll also need to see whether large orders are increasing at the same time.
What will you do if the market moves the other way from here?
