Making sense of the S&P 500 golden cross
Mid-week market update: In case you missed it, the S&P 500 experienced a “golden cross” this week, when the 50 dma rose above the 200 dma. This is generally regarded as a bullish development among the technical analysis crowd as an indication that the price trend has turned upward.
How should traders and investors interpret the golden cross signal?
The full post can be found here.
Source: http://humblestudentofthemarkets.blogspot.com/2023/02/making-sense-of-s-500-golden-cross.html
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