The term death and golden cross is usually associated with the...

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    The term death and golden cross is usually associated with the 50 & 200 day moving averages but in reality it means whenever a short term average falls below the longer time frame average its a death ( bearish) cross alternatively when the shorter term average crosses above the longer term average its a golden ( bullish cross )

    on the LTR chart it looks like the 9 EMA ( blue ) is about to fall below the 21 EMA ( purple )

    in answer to your other question what we are referring to on PLS is the slope of the averages.


    slope.JPG
 
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