XJO 0.93% 7,889.6 s&p/asx 200

50 day ma crosses 200 day ma, page-13

  1. 4,960 Posts.
    Very Good Mr Boom!

    I well remember how the golden cross was quickly howled down to be replaced by the Head and shoulders, then after the head and shoulders failed the GC was never mentioned again, LOL!!

    I note on the down turn that the cross of the 50 over the 400 resusulted in a counter trend up move right the way to the 200 ma...

    I wonder if the same could happen here, that is a cross of the 50 on the 400 ma would result in a counter trend move to the 200... i'd like it if it did from a tech perspective... as that would hit my current targets for a daily down trend....

    Hmmmmmm

    ;)
 
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