If price continues bullish the Macd will cross & stay above the 0 level line. If it fails then the Macd will cross back below the 0 level line and the Red line and price will fall to the 100 sma.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.