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Thursday, April 13, 2017 1:43:17 AM
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MACD = Crossed and shows DOWNTREND!
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50ma & 31ma = Now the Resistance!
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...& 50ma is headed to the go UNDER da 200ma = MAJOR "DEATH CROSS!!"
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31ma Crossing BELOW the 50ma is a Minor "Death Cross!"
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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!
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!!
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...so...sad...
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$mart $$ started SELLING & LEAVING @ .03's area!!
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