All five major equity averages are above what's called a "golden cross," which occurred when the 50-day simple moving average crossed above its 200-day simple moving average, indicating that higher prices lie ahead.
How To Trade The Dow, S&P, Nasdaq, Transports And Russell 2000 Based On Daily Charts
Forbes - 28 Aug 2018 21:51
All five major equity averages are above what's called a "golden cross," which occurred when the 50-day simple moving average crossed above its 200-day simple moving average, indicating that higher prices lie ahead.
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