we are getting very close to MACD gold cross. From 1800 to 2200; how much more gold is left in this gold cross is worth a 2nd look. A cross on weekly chart should produce ~300 points and a cross on monthly chart should produce ~500 points. If we are looking at weekly chart we are already there, monthly chart about another 200 points to go.
DJIA has already made the cross.
A very simple rule of thumb, for long position, a gold cross must be higher than the previous dead cross. for shorts, the dead cross must be higher than the gold. if both happens around the same level; both crosses are valid.
DJIA has already made the cross.
A very simple rule of thumb, for long position, a gold cross must be higher than the previous dead cross. for shorts, the dead cross must be higher than the gold. if both happens around the same level; both crosses are valid.
