It is the first of such a signal since March 2020.
The death cross is a technical chart pattern indicating the potential for a major sell-off.
The death cross appears on a chart when an index’s short-term moving average crosses below its long-term moving average.
Typically, the most common moving averages used in this pattern are the 50-day and 200-day moving averages.
Let's hope it is a false signal.
The death cross is a technical chart pattern indicating the potential for a major sell-off.
The death cross appears on a chart when an index’s short-term moving average crosses below its long-term moving average.
Typically, the most common moving averages used in this pattern are the 50-day and 200-day moving averages.
Let's hope it is a false signal.
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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.
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.