Thursday, December 10, 2015 11:13:35 AM
Golden Crosses and Iron Crosses are important chart-patterns.
Look carefully at Zalemark's charts.
A Golden Cross is when a short term moving average crosses above a long term moving average when both are rising, and it is considered a bullish pattern. An Iron Cross is the opposite. It occurs when a short term moving average falls below a long term moving average when both are falling, and is considered BEARISH.
For those that believe in crosses: BEWARE.
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