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SynthTrader

10/08/12 8:31 AM

#46 RE: phunnibone #44

I believe a golden cross is when a shorter term moving average crosses above a long-term moving average. So, the 50-MA crossing above the 200-MA would be a "golden cross. But the 50-MA crossing below the 200-MA is not.

Though a longer-term moving average carries more weight as a support (the 200), the shorter-term moving average shows the more recent trend. Technically, the 50 moving below the 200 would be considered a "death cross" if I understand correctly. See this link:

http://www.trade-ideas.com/Glossary/Death_Cross.html

and for Golden Cross:

http://www.trade-ideas.com/Glossary/Golden_Cross.html