I dragged out an old one to explain the golden cross.
These charts are based on the actual index.
I don't have a name for the 50 sma crossing the 400 sma
First chart is a wide view to show how important the 400 is.
The 100 is not used often. But it is used.
In this closer view, the first circle is the 50 over 200.
A golden time to enter but the market dropped to use
the 200 as support. Spooked everyone and then took off.
200+ points in 3 months.
The second circle shows the 50 over the 400.
Price dropped below the 50 and panic has begun again.
Price closed below the 400. It did that in the first circle too.
Somehow feel the 100 might be called into action as it
crosses the 400.
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