If the BLUE line is the short term Moving Average (20 DMA) & the RED line is the long term Moving Average (100 DMA) then we have reached a "Powerful Enduring Bull Market Golden Cross" a few weeks ago with the "20/100 DMA" ......
We are entering into a "Much More Powerful Enduring Bull Market Golden Cross" with the "50/200 DMA" ..............
When a shorter moving average like the 50-day crosses above a longer one like the 200-day it is a major buy signal. In Japan this signal is called a "Golden Cross." The reverse is called a "Dead Cross" and it is a sell signal. Using moving average crossovers takes the subjective part of chart reading, as this is just pure math in determining the trend. When the 50-day crosses above the 200-day it's a signal to go long. The Japanese may buy up all the company stock ...