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I believe that's a golden cross to the downside on the SPX! The 50 EMA appears to be below the 200 now. (or should I say "tarnished" cross?)
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Golden Cross
Posted by jsyabc on 16th of Aug 2011 at 04:11 pm
I believe that's a golden cross to the downside on the SPX! The 50 EMA appears to be below the 200 now. (or should I say "tarnished" cross?)
The correct term is "Death Cross"
Posted by MT_pockets on 16th of Aug 2011 at 04:43 pm
really what if the 50 Is the signal to cross to th upside?
Posted by jasonpuuri on 17th of Aug 2011 at 09:17 am