What is the opposite of a death cross?
1/25/2024 00:47am
The opposite of a death cross is a golden cross. A golden cross is a chart pattern in which a relatively short-term moving average crosses above a long-term moving average. This pattern is bullish and indicates the possibility of a long-term bull market emerging. The golden cross is formed from a crossover involving a security's short-term moving average (such as the 50-day moving average) crossing above its long-term moving average (such as the 200-day moving average) or resistance level.