Good question, it depends.
There was the same death cross at the peak of the market before the GFC.
As well as at the market bottom of the "covid correction".
For the chart above, the safest play would be "sell" when the MA's cross again.
Could definitely get caught out if you "buy" the death cross if this is a short term correction.
Good question, it depends.There was the same death cross at the...
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Last
8,266.2 |
Change
-28.900(0.35%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,295.1 | 8,295.1 | 8,246.7 |
| XJO (ASX) Chart |