The 4-hour death cross on the 13/48 EMA has been a reliable indicator this year as we have just entered one today.
The previous death cross on this time frame has produced a 32% drop over 8 days
The crosses prior to that were 18%, 13% and 5% moved down. All four crosses average out to 17% over 8 days.
You can find this indicator here on TV under 'True Golden Cross by -Westy-
The previous death cross on this time frame has produced a 32% drop over 8 days
The crosses prior to that were 18%, 13% and 5% moved down. All four crosses average out to 17% over 8 days.
You can find this indicator here on TV under 'True Golden Cross by -Westy-
