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Re: RiverNorth post# 31145

Wednesday, 02/17/2016 11:16:16 AM

Wednesday, February 17, 2016 11:16:16 AM

Post# of 156701
~ TTCM = Chart = DEATH CROSS!! frown

50ma AND 31ma AND 200ma arRre Now the Resistance!! frown

31ma & 50ma arRre BOTH Head'd DOWN!! frown

31ma Crossing BELOW the 50ma = Minor Death Cross! frown & that made for a Serious DOWNTREND!! frown

31ma NOW Head’d to go UNDER the 200ma = YIKES!! = Yep,, another WORSE Minor “Death Cross” Coming!! frown
...this will lead to the MAJOR DEATH CROSS of the 50ma going UNDER the 200ma!! frown

.00TEENS Coming!! frown

…so..sad… frown


http://www.investopedia.com/terms/d/deathcross.asp
DEFINITION of 'Death Cross'
A crossover resulting from a security's long-term moving average breaking above its short-term moving average or support level! frown

INVESTOPEDIA EXPLAINS 'Death Cross'
As long-term indicators carry more weight, this trend indicates a bear market on the horizon and is reinforced by high trading volumes. Additionally, the long-term moving average becomes the new resistance level in the rising market!! frown


Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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