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Re: Morlando post# 16486

Thursday, 01/23/2014 11:06:14 AM

Thursday, January 23, 2014 11:06:14 AM

Post# of 77166
the golden cross is when the 100/200 day moving averages converge. Big confirmation and buy signal for long term trend change. Now, if you want to jump the gun a bit. I have found the the 13 day ma leads the way and everytime it crosses another ma the price spikes. You must also consider other factors (indicators, chart patterns) as well as sometimes the ma convergences take about a day or two before the move happens.